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Vertiv to Acquire the E&I Engineering Group

    Steve Hone
      By Steve Hone

    Categories: PR, Power

    Strategic Transaction Significantly Expands Vertiv’s Offering; Vertiv Also Updates Business Conditions 

     
    • Meaningfully completes Vertiv’s data center offering by adding a leading independent provider of switchgear, busway and modular power solutions; 
     
    • Expands Vertiv’s addressable market by $7 billion, entering an attractive global market growing at mid-single digits; 
     
    • Expected to be accretive to Vertiv’s organic growth, adjusted operating margins, cash flow and adjusted EPS; and 
     
    • Core Vertiv business continues to see robust order and backlog growth but supply chain disruptions have accelerated; updating guidance to reflect latest market conditions.


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