Add-on Acquisition • Electrical Equipment

AZZ Acquires Power Electronics

On March 1, 2016, AZZ acquired electrical equipment company Power Electronics

Acquisition Context
  • This is AZZ’s 2nd transaction in the Electrical Equipment sector.
  • This is AZZ’s 8th transaction in the United States.
  • This is AZZ’s 1st transaction in Maryland.

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M&A Deal Summary

Date March 1, 2016
Target Power Electronics
Sector Electrical Equipment
Buyer(s) AZZ
Deal Type Add-on Acquisition

Target Company

Power Electronics

Millington, Maryland, United States
Power Electronics, Inc. is a manufacturer and integrator of electrical enclosure systems, serving the utility and industrial markets with customized power control centers.
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Buyer Overview 1

Buyer

AZZ

Fort Worth, Texas, United States

Category Company
Founded 1956
Sector Electrical Equipment
Employees3,684
Revenue 1.6B USD (2025)
DESCRIPTION
Entrance to AZZ's corporate headquarters in Fort Worth, Texas.
Entrance to AZZ's corporate headquarters in Fort Worth, Texas.

AZZ is an electrical equipment manufacturer serving the global markets of industrial, power generation, transmission and distribution, as well as a provider of hot dip galvanizing services to the North American steel fabrication market. AZZ was founded in 1956 and is based in Fort Worth, Texas.


Deal Context for Buyer #
Overall 8 of 21
Sector: Electrical Equipment 2 of 4
Type: Add-on Acquisition 5 of 16
State: Maryland 1 of 1
Country: United States 8 of 20
Year: 2016 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 Alpha Galvanizing

Atkinson, Nebraska, United States

Alpha Galvanizing, Inc. is a steel fabrication manufacturer of electrical utility poles, agricultural machinery and industrial manufacturing components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-30 Enhanced Powder Coating

Gainesville, Texas, United States

Enhanced Powder Coating Ltd. is a provider of full spectrum of finish technology including powder coating, abrasive blasting and plating for heavy industrial, transportation, aerospace and light commercial industries.

Buy -