Generac Holdings (GNRC) Tops Q4 EPS by 8c

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Generac Holdings (GNRC) Will Take Majority Stake in PR Industrial S.r.l

February 15, 2016 12:41 PM EST

Generac Holdings Inc. (NYSE: GNRC) announced the signing of an agreement to acquire a majority share of PR Industrial S.r.l and its subsidiaries, owner of the Pramac brand (collectively Pramac). The transaction is expected to close prior to the end of the first quarter of 2016.

Founded in 1966 by the Campinoti family and headquartered in Siena, Italy, Pramac is a leading manufacturer of stationary and mobile generators for a variety of... More