[Call Starts Abruptly] These JEM proof points were achieved with minimal capital investment, so the paybacks and returns are quite attractive.
As JEM continues to be embedded in our culture across all of our plans, we expect the impact of these opportunities to increase.
Now shifting to the pillar of strategic M&A, I'm pleased to introduce you to our most recent bolt-on acquisitions.
First on Page 7 I'll highlight the acquisition of MMI Door which closed on August 25.
MMI is an innovator and leader in providing full door systems with customizable options and features that go well beyond the door side itself, things including the frame, sill, molding, glass, finishing options, and hardware.
was struggle such cost more as value and contractors they labor of and job add suppliers the expect MMI historically homebuilders with and labor availability, the site. As on done to provide
immediately $XX Our and and of North to strategy MMI capture accretive lead to more American offerings so, will doing approximately improve our customers. and value. here In EBITDA improve million business we adjusted service revenue margins. to times is be in the annual door can our adds create
Next of on closed XX. the Page X, I'll the on highlight acquisition which Kolder Group August
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