Aimia Q4 2022 Earnings Results and Tufropes Bozzetto Acquisitions

Aimia Inc. reported Q4 2022 financial results and announced major acquisitions of Tufropes and Bozzetto for $585 million combined consideration, generating approximately $72 million in proforma Adjusted EBITDA. The company ended 2022 with strong liquidity of over $540 million in cash and liquid securities, increased its capital return target to $100 million, and expanded its portfolio across diversified business holdings.