Gibraltar sold its racking and foundations Renewables operations to Unirac for $5 million, completing the divestiture of its Renewables business.
Key Highlights:
- Assets for Renewables racking and foundations sold to Unirac for $5 million, subject to customary post-closing adjustments.
- The sale completes Gibraltar’s divestiture of its Renewables business, previously classified as held for sale and discontinued operations.
- Electrical balance-of-systems portion of the Renewables business was sold earlier on February 20, 2026.
- Transaction aligns with Gibraltar’s strategy to simplify and focus on building products and structures end markets.
Original SEC Filing:
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