Russelectric® - Ownership and Business Overview

Electrical EquipmentCompany

Russelectric® Ownership

Who owns Russelectric®?

Russelectric® is owned by Siemens AG. It was acquired on March 4, 2019.

Russelectric® Business Overview

Where is Russelectric® headquartered?

Russelectric® is headquartered in Hingham, Massachusetts.

What sector is Russelectric® in?

Russelectric® is an electrical equipment company.

When was Russelectric® founded?

Russelectric® was founded in 1955.

Electrical Equipment M&A Summary in 2019

Out of 60 sectors in the Mergr database, electrical equipment ranked 24 in number of deals in 2019. The largest electrical equipment acquisition in 2019 was KEMET - which was acquired by Yageo for $1.8B.

Join Mergr to view all 127 acquisitions of electrical equipment companies in 2019, including 37 acquisitions by private equity firms, and 90 by strategics.

Russelectric®, Inc.

99 Industrial Park Road, South Shore Park,
Hingham, Massachusetts 02043
United States,
(781) 749-6000
www.russelectric.com

Russelectric®, Inc. is a manufacturer of power control systems including paralleling switchgear and automatic transfer switches. Russelectric®, Inc. was founded in 1955 and is based in Hingham, Massachusetts.


Company Summary

SECTOR

Electrical Equipment

Established

1955

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