Vertiv to acquire the e&i engineering group

Columbus, ohio--(business wire)--vertiv holdings co (“vertiv”) (nyse: vrt), a global provider of critical digital infrastructure and continuity solutions, today announced that through its subsidiaries, it has entered into a definitive agreement to acquire e&i engineering ireland limited and its affiliate, powerbar gulf llc (“e&i”) for approximately $1.8 billion in upfront consideration plus the potential for up to $200 million in cash, based on achieving certain 2022 profit milestones.
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