# 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.

- Type: Acquisition
- Announced: 2021-09-08
- Where: United States
- Value: $1.80B
- Status: announced
- Products: electrical switchgear, power distribution systems, busway, modular power solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Vertiv](https://endata.com/companies/14494.md) (acquirer)
- [E&I Engineering Ireland](https://endata.com/companies/56985.md) (target)
- [Powerbar Gulf](https://endata.com/companies/56986.md) (target)

## Sources

- [investors.vertiv.com](https://investors.vertiv.com/news/news-details/2021/Vertiv-to-Acquire-the-EI-Engineering-Group/default.aspx), 2021-09-08: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.