M&A Deal Summary

Worldwide Electric Acquires Louis Allis

On August 19, 2021, Worldwide Electric acquired electrical equipment company Louis Allis

Acquisition Highlights
  • This is Worldwide Electric’s 1st transaction in the Electrical Equipment sector.
  • This is Worldwide Electric’s 1st transaction in the United States.
  • This is Worldwide Electric’s 1st transaction in Alabama.

M&A Deal Summary
Date 2021-08-19
Target Louis Allis
Sector Electrical Equipment
Buyer(s) Worldwide Electric
Deal Type Add-on Acquisition

Target

Louis Allis

Warrior, Alabama, United States
website
Louis Allis is a producer of specialty motors for unique and demanding applications. Customers from around the world in the industrial, military, and municipal markets trust Louis Allis to provide new, factory re-certified, and specialty motors up to 20,000 hp. Louis Allis was formed in 1901 and is based in Warrior, Alabama.

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Buyer(S) 1

Buyer

Worldwide Electric

Rochester, New York, United States

website

Category Company
Founded 1998
Sector Electrical Equipment
DESCRIPTION

WorldWide Electric designs, engineers, and distributes company-branded as well as third party-branded electric motors, motor controls, and gear reducers and has developed a highly proficient sales & marketing team, strong engineering, and product development capabilities. The company sells to a diversified customer base of over 4,000 integrators, OEMs, and distributors serving a wide array of industrial end-markets. WorldWide Electric Corp. was founded in 1998 and is based in Rochester, New York.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

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