v3.26.1
ACQUISITIONS (Tables)
 6 Months Ended
Jun. 30, 2026
ACQUISITIONS  
Schedule of preliminary allocation

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Preliminary

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Allocation

Cash consideration paid at closing

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$

762.2

Equity consideration - GPGI Class A Common Stock

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1,143.0

Total consideration

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$

1,905.2

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Assets:

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Cash and cash equivalents

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$

97.0

Accounts receivable, net

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270.6

Inventories, net

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278.3

Property and equipment, net

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568.7

Right of use assets, net

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29.3

Prepaid expenses and other current assets

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44.8

Intangible assets, net

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1,792.1

Other assets

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15.9

Liabilities:

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Accounts payable

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(100.2)

Accrued expenses

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(748.4)

Debt - current and long-term

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(2,817.4)

Lease obligations

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(26.5)

Deferred revenue and customer deposits

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(161.4)

Deferred income taxes, net

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(177.8)

Income taxes payable - current and long-term

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(54.4)

Other liabilities

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(21.9)

Total identifiable net assets (liabilities) acquired

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$

(1,011.3)

Goodwill (1)

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2,916.5

Preliminary aggregate acquisition consideration

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$

1,905.2

(1)Goodwill is calculated as the excess of the consideration transferred over the fair value of the net liabilities assumed and represents the projected future benefits from the Husky Transaction. The Company does not expect goodwill to be deductible for income tax purposes.

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Schedule of unaudited pro-forma financial information

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Six months ended June 30,

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2026

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2025

Net sales

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$

894.4

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$

904.4

Income (loss) before income taxes

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$

(60.5)

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$

12.0