M&A Deal Summary

Powell Industries Acquires Switchgear & Instrumentation

On July 5, 2005, Powell Industries acquired electrical equipment company Switchgear & Instrumentation from NG Bailey Organisation Limited for 18M USD

Acquisition Highlights
  • This is Powell Industries’ 1st transaction in the Electrical Equipment sector.
  • This is Powell Industries’ 3rd largest (disclosed) transaction.
  • This is Powell Industries’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2005-07-05
Target Switchgear & Instrumentation
Sector Electrical Equipment
Buyer(s) Powell Industries
Sellers(s) NG Bailey Organisation Limited
Deal Type Divestiture
Deal Value 18M USD

Target

Switchgear & Instrumentation

Bradford, United Kingdom
S&I is a supplier of medium and low voltage switchgear, intelligent motor control systems and power distribution solutions to a wide range of process industries, including oil, gas, petrochemical, power generation and distribution, heavy industry, pharmaceuticals and water and wastewater treatment.

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Buyer(S) 1

Buyer

Powell Industries

Houston, Texas, United States

website

Category Company
Founded 1947
Sector Machinery
Employees1,997
Revenue 533M USD (2022)
DESCRIPTION

Powell Industries designs, manufactures and services equipment and systems for the management and control of electrical energy and other critical processes. Powell provides products and services to the transportation, environmental, industrial and utility industries. Powell Industries was founded in 1947 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 4
Sector (Electrical Equipment) 1 of 2
Type (Divestiture) 1 of 3
Country (United Kingdom) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-07 GE Medium-Voltage ANSI Switchgear Product Line

Houston, Texas, United States

GE Medium-Voltage ANSI Switchgear Product Line based in Houston, US.

Buy $32M

Seller(S) 1

SELLER

NG Bailey Organisation Limited

West Yorkshire, United Kingdom

website

Category Company
Sector Engineering
DESCRIPTION

NG Bailey is an independent engineering, IT and facilities services business. NG designs, builds, operates and maintains building infrastructure and IT services.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

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