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1847 Holdings Evaluating Strategic Alternatives For Subsidiary CMD Due To Strong Inbound Interest; BMO Capital Markets Assisting In Exploring Options

Benzinga·03/25/2025 12:48:16
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Strong Inbound Interest Drives Decision to Evaluate Strategic Alternatives

NEW YORK, NY / ACCESS Newswire / March 25, 2025 / 1847 Holdings LLC (NYSE:EFSH) ("1847 Holdings" or the "Company") today announced that it is evaluating potential strategic alternatives for its subsidiary, CMD Inc. ("CMD"). This decision is a result of the significant inbound interest from both strategic and financial sponsors, which the Company believes reflects CMD's strong market position, financial performance, and growth trajectory.

BMO Capital Markets Corp., ("BMO") a leading financial institution with deep expertise in the building products sector, will support CMD in exploring potential options that would align with CMD's long-term potential with a goal to deliver optimal value for shareholders.

CMD is a premier provider of door solutions, custom cabinetry, and building enhancements serving multi-family residential, institutional, and commercial markets. With a differentiated market position, high-margin business model, and expanding geographic footprint, CMD has attracted substantial interest from potential acquirers seeking exposure to the sector's growth dynamics.