AcquisitionsJun 3, 2026, 04:22 PM
Advanced Drainage Systems Completes NDS Acquisition; FY26 Sales +5%
AI Summary
Advanced Drainage Systems completed the acquisition of National Diversified Sales (NDS) on February 2, 2026, marking its second-largest acquisition and expanding its water management solutions. The company reported a 5% increase in net sales for Fiscal Year 2026, with higher-margin products contributing significantly to revenue and achieving a 31.6% Adjusted EBITDA margin. The company also announced its 2026 Annual Meeting of Stockholders for July 16, 2026, where shareholders will vote on the election of nine directors, the ratification of Deloitte & Touche LLP as auditor, and an advisory vote on executive compensation.
Key Highlights
- Completed acquisition of National Diversified Sales (NDS) on February 2, 2026.
- NDS acquisition is the second largest in company history, expanding water management solutions.
- Fiscal Year 2026 net sales increased 5%.
- Fiscal Year 2026 Adjusted EBITDA margin was 31.6%.
- Sales of Infiltrator and Allied products rose 14% and 13% respectively.
- These higher-margin products constituted 48% of Fiscal Year 2026 revenue.
- 2026 Annual Meeting of Stockholders scheduled for July 16, 2026, virtually.
- Shareholders to vote on electing nine directors and ratifying Deloitte & Touche LLP as auditor.
Price Impact
More from WMS