Vertiv Holdings Co announced that Vertiv Holdings Ireland DAC, a private company limited by shares incorporated in Ireland Vertiv International Holding Corporation, an Ohio corporation (the “US Buyer” and together with the Irish Buyer, the “Buyers” and each a “Buyer”) and Vertiv successfully completed its previously announced acquisition of E&I Engineering Ireland Limited, a private company limited by shares incorporated in Ireland, and its affiliate, Powerbar Gulf LLC, a foreign direct investment, a non-freezone limited liability company incorporated and registered in Ras Al Khaimah Economic Zone-Government of Ras Al Khaimah (collectively “E&I”).
“We are pleased to officially welcome the E&I team to Vertiv,” said Rob Johnson, Vertiv’s Chief Executive Officer. “Throughout this process, we’ve quickly reaffirmed that the impressive E&I team is rich in talent and strong in capabilities. This combination is a real-world example of two companies coming together to powerfully amplify their collective ability to create value for customers, employees and shareholders.”