M&A Deal Summary

Holtec International Acquires Eos Energy Storage

On September 24, 2018, Holtec International acquired electrical equipment company Eos Energy Storage

Acquisition Highlights
  • This is Holtec International’s 1st transaction in the Electrical Equipment sector.
  • This is Holtec International’s 1st transaction in the United States.
  • This is Holtec International’s 1st transaction in New York.

M&A Deal Summary
Date 2018-09-24
Target Eos Energy Storage
Sector Electrical Equipment
Buyer(s) Holtec International
Deal Type Add-on Acquisition

Target

Eos Energy Storage

New York, New York, United States
Eos Energy Storage is a provider of an energy storage solutions that make clean, safe, reliable electricity affordable and accessible to all. Through innovation in batteries, Eos is powering a new dawn of energy storage and a sustainable energy future. Eos manufactures and supplies the Eos Aurora Gen 2®, the industry’s lowest cost and highest performance DC battery system designed to optimize grid infrastructure, enhance reliability, and to reduce costs associated with peak demand.

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Buyer(S) 1

Buyer

Holtec International

Camden, New Jersey, United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Holtec International is a privately held energy technology company with operation centers in Florida, New Jersey, Ohio and Pennsylvania in the US, and globally in Brazil, Dubai, India, South Africa, Spain, UK and Ukraine. Holtec’s principal business concentration is in the nuclear power industry.

DEAL STATS #
Overall 1 of 2
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 2
Country (United States) 1 of 2
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-16 Entergy - Indian Point Energy Center

Buchanan, New York, United States

Entergy Corp. - Indian Point Energy Center operating nuclear power plants, Units 1, 2, and 3.

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