Vertiv to acquire E&I Engineering for $1.8 billion

Vertiv Holdings Co has agreed to acquire E&I Engineering Ireland Limited and Powerbar Gulf LLC for approximately $1.8 billion in upfront consideration, plus up to $200 million in earn-out. The deal is expected to close in Q4 2021.

“The acquisition of E&I represents a key milestone in Vertiv’s strategy, completing our portfolio of in-building power train offerings for data centers and vital commercial and industrial markets.”investors.vertiv.com

• 1 source
• investors.vertiv.comVertiv Holdings Co. - Vertiv to Acquire the E&I Engineering GroupSep 8, 2021

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