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BRIEF-Compass Diversified Announces Definitive Agreement To Sell Sterno'S Food Service Business For $292.5 Million And Accelerate Deleveraging
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BRIEF-Compass Diversified Announces Definitive Agreement To Sell Sterno'S Food Service Business For $292.5 Million And Accelerate Deleveraging
Mar 30, 2026 6:40 AM

March 30 (Reuters) - Compass Diversified Holdings ( CODI )

:

* COMPASS DIVERSIFIED ANNOUNCES DEFINITIVE AGREEMENT TO SELL

STERNO'S FOOD SERVICE BUSINESS FOR $292.5 MILLION AND ACCELERATE

DELEVERAGING

* COMPASS DIVERSIFIED HOLDINGS ( CODI ) - ARCHER TO BUY STERNO FOOD

SERVICE BUSINESS FOR ENTERPRISE VALUE OF $292.5 MILLION

* COMPASS DIVERSIFIED HOLDINGS ( CODI ) - TO RETAIN STERNO HOME

FRAGRANCE BUSINESS OPERATING UNDER RIMPORTS NAME

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