Compass Diversified Holdings Provides Shareholders with 2018 Tax Information
February 21 2019 - 3:15PM
Compass Diversified Holdings (NYSE: CODI) (“CODI” or the
“Company”), an owner of leading middle market businesses, announced
today that by 6:00 p.m. Eastern Time tomorrow, February 22, 2019, a
link located in the Investor Relations section of the Company’s
website will allow investors access to their individual tax
reporting information applicable to their ownership of CODI along
with instructions.
Tax Information On February
25th, the Company will commence mailing shareholders their
individual Investor Tax Reporting packages, which contain
instructions and a schedule summarizing their allocated share of
the Trust’s reportable tax items for the year ended December 31,
2018.
Shareholders should check their 2018 tax
statements received from Broadridge or from their brokerage firm in
order to ensure that the trustee tax information reported for the
company conforms to the information reported. Should you have any
questions regarding your Investor Tax Reporting package, please
contact Tax Support at 800-573-9088.
CODI is not subject to federal or state income
tax and the annual income, losses, deductions or credits of the
Trust flows directly to shareholders.
Tax Disclaimer The tax
information above should not be construed as tax advice and is not
a substitute for careful tax planning and analysis. You should
consult your own tax advisor regarding the specific federal, state,
foreign and other tax consequences to you regarding your ownership
of shares of the Company’s common stock.
About Compass Diversified Holdings
(“CODI”)CODI owns and manages a diverse family of
established North American middle market businesses. Each of its
current subsidiaries is a leader in its niche market.
CODI maintains controlling ownership interests
in each of its subsidiaries in order to maximize its ability to
impact long term cash flow generation and value. The Company
provides both debt and equity capital for its subsidiaries,
contributing to their financial and operating flexibility. CODI
utilizes the cash flows generated by its subsidiaries to invest in
the long-term growth of the Company and to make cash distributions
to its shareholders.
Our ten majority-owned subsidiaries are engaged
in the following lines of business:
- The design and marketing of purpose-built tactical apparel and
gear serving a wide range of global customers
(5.11);
- The manufacture of quick-turn, small-run and production rigid
printed circuit boards (Advanced Circuits);
- The manufacture of engineered magnetic solutions for a wide
range of specialty applications and end-markets (Arnold
Magnetic Technologies);
- Environmental services for a variety of contaminated materials
including soils, dredged material, hazardous waste and drill
cuttings (Clean Earth);
- The design and marketing of wearable baby carriers, strollers
and related products (Ergobaby);
- The design and manufacture of custom molded protective foam
solutions and OE components (Foam
Fabricators);
- The design and manufacture of premium home and gun safes
(Liberty Safe);
- The manufacture and marketing of branded, hemp-based food
products (Manitoba Harvest);
- The manufacture and marketing of portable food warming fuels
and creative ambience solutions for the hospitality and consumer
markets (Sterno Products); and
- The design, manufacture and marketing of airguns, archery
products, optics and related accessories (Velocity
Outdoor).
This press release may contain certain
forward-looking statements, including statements with regard to the
future performance of CODI. Words such as "believes," "expects,"
"projects," and "future" or similar expressions, are intended to
identify forward-looking statements. These forward-looking
statements are subject to the inherent uncertainties in predicting
future results and conditions. Certain factors could cause actual
results to differ materially from those projected in these
forward-looking statements, and some of these factors are
enumerated in the risk factor discussion in the Form 10-K filed by
CODI with the SEC for the year ended December 31, 2017 and other
filings with the SEC. Except as required by law, CODI undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Compass Diversified HoldingsRyan J.
FaulkinghamChief Financial
Officer203.221.1703ryan@compassequity.com |
Investor Relations and Media
Contact:The IGB Group Leon Berman212.477.8438lberman@igbir.com |
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