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SDCL EDGE Acquisition Corporation (SEDA) to Combine with cunova in $736M Deal

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SDCL EDGE Acquisition Corporation (SEDA) to Combine with cunova in $736M Deal

SDCL EDGE (NYSE:SEDA) has entered into a definitive agreement to combine with copper alloy manufacturer cunova at an enterprise value of $736 million, or 9.4x its 2023E adjusted EBITDA. Osnabrück, Germany-based cunova manufactures copper casts, fittings and conductivity products for the industrial, defense and aerospace sectors. The combined company is expected to trade on the
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