LONDON (dpa-AFX) - EnPro Industries Inc. (NPO) said that it completed the sale of Compressor Products International Inc. or CPI to Howden Group for $195 million.
The agreement was previously announced on October 12, 2021.
Enpro expects to use after-tax net proceeds of about $170 million from the sale of CPI to reduce debt incurred to partially fund the Company's recently completed acquisition of NxEdge.
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