NetComposites

Connecting you to the composites industry

Advertisement

Denali Announces Revisions to Proposed Investment

  • Tuesday, 18th July 2000
  • 0 comments
  • Reading time: less than a minute

Denali Incorporated announced on Wednesday that it has entered into a revised letter of intent with William Blair Mezzanine Capital Partners relating to an investment by Blair in the Company. Under the new proposal, Blair will invest a total of $23 million in the Company. The Company expects to hold a special stockholders meeting in mid-September to approve the proposed investment. Denali Incorporated is a global provider of fluid handling products specializing in corrosion-resistant applications in processindustries such as: chemical, power, pulp and paper, petroleum equipment and water/wastewater. The Company manufactures engineered fiberglass-composite tanks, vessels and piping systems, as well as steel, above ground storage tanks.


For more information visit:


Share this article


More News


Comments (0)

Sign in or create an account to join in the discussion.

Leave your comment

Advertisement

Upcoming Events

Advertisement

Advertisement

Advertisement

Follow us
Subscribe to our email newsletter

Subscribe to receive our weekly round-up of all the industry's latest news, jobs, events and more!

We'll always keep your personal details secure and will never share them with third parties for marketing purposes. You can unsubscribe at any time. For further details on how we may use your data, please visit our Privacy Policy.