North West firm E&I Engineering has been acquired by Vertiv, a US-based infrastructure solutions and services company and will be recruiting 100 new staff in the next year.
The electrical switchgear manufacturer, which has plants across Derry and Donegal and employs over 2,100 people worldwide, has entered into an agreement to join the publicly traded company via acquisition.
With all current roles to be safeguarded in the takeover, E&I says it will be followed by the recruitment of approximately 100 new staff across its three locations in the North West in the next year.
RELATED: USA law firm announces first-time investment in Northern Ireland creating 78 new jobs
Headquartered in Ohio, Vertiv offers power, cooling and IT infrastructure solutions and services to customers in the data centre, communications, commercial and industrial markets. It employs over 20,000 people across over 130 countries.
Speaking on the acquisition and new job roles, founder and Chief Executive of E&I Engineering, Philip O’Doherty said: “We are excited to join the Vertiv team and continue to grow our business through Vertiv’s global reach, strong channel presence and great customer positioning in critical digital infrastructures.”
Meanwhile, Chief Executive Officer of Vertiv Rob Johnson also added: “We look forward to adding E&I’s highly skilled team members to the Vertiv family. Our companies share a strong culture of engineering excellence and innovation and a passion for serving our customers with differentiated products and service.”
RELATED: Economy Minister announces 120 new jobs with Tribe Technology
The acquisition completes Vertiv’s data centre offering by adding a leading independent provider of switchgear and modular power solutions. Founded in 1986, E+I Engineering trades with over 32 countries, pioneering unique in-house integrated power solution designs and technology tailored to individual client project needs.
Source: Written from press release.
