Janus International expands self-storage footprint with Kiwi acquisition

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2026.01.08 22:47
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Janus International Group has acquired Kiwi II Construction Inc. and related businesses for approximately $97.2 million, enhancing its self-storage solutions. The deal is expected to maintain Janus's net leverage within its long-term target range and expand its services across North America. Analysts rate JBI stock as a Buy with a $12.00 price target, though mixed financial performance and declining revenue present challenges. Janus is a leading manufacturer of self-storage and industrial building solutions, with a current market cap of $959.3 million.