# Vertiv acquires E+I Engineering for up to $2B

Vertiv acquired E+I Engineering, a global provider of electrical switchgear and power distribution solutions, for a valuation between $1.8B and $2B.

- Type: Acquisition
- Announced: 2021-10-26
- Where: Burnfoot, Co. Donegal, Ireland
- Value: $1.80B
- Status: completed
- Products: electrical switchgear, power distribution solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Vertiv](https://endata.com/companies/14494.md) (acquirer)
- [E+I Engineering](https://endata.com/companies/54509.md) (target)
- [E&I Engineering Ireland](https://endata.com/companies/56985.md) (target)
- [Powerbar Gulf](https://endata.com/companies/56986.md) (target)

## Sources

- [vertiv.cn](https://www.vertiv.cn/zh-CN/products/flagship-brands/e-i/), 2021-10-26: "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."
- [cbinsights.com](https://www.cbinsights.com/company/e-i-engineering), 2021-11-01: "On November 1st, 2021, E+I Engineering was acquired by Vertiv at a valuation between $1.8B and $2B."
- [vertiv.com](https://www.vertiv.com/en-us/about/news-and-events/corporate-news/2021/vertiv-completes-acquisition-of-ei-engineering-ireland-limited-and-its-affiliate-powerbar-gulf-llc/), 2021-11-02: "Vertiv Holdings Co today announced that Vertiv successfully completed its previously announced acquisition of E&I Engineering Ireland Limited and its affiliate, Powerbar Gulf LLC."

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