M&A Deal Summary

Pittsburgh Electrical Insulation Acquires Fibertek - Electrical Products Division

On August 4, 2020, Pittsburgh Electrical Insulation acquired electrical equipment company Fibertek - Electrical Products Division from Fibertek

Acquisition Highlights
  • This is Pittsburgh Electrical Insulation’s 1st transaction in the Electrical Equipment sector.
  • This is Pittsburgh Electrical Insulation’s 1st transaction in the United States.
  • This is Pittsburgh Electrical Insulation’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2020-08-04
Target Fibertek - Electrical Products Division
Sector Electrical Equipment
Buyer(s) Pittsburgh Electrical Insulation
Sellers(s) Fibertek
Deal Type Divestiture

Target

Fibertek - Electrical Products Division

Franklin, Tennessee, United States
Fibertek, Inc. - Electrical Products Division includes Res-I-Glas Banding Tapes, Res-I-Straint Tadpole Edging Tape, Res-I-Band Banding Film, Res-I-Flex Sealable Armor Tape, Res-I-Lam Flexible Laminates , Res-I-Lam Formed Wedges, B-Stage Surge Rope.

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Buyer(S) 1

Buyer

Pittsburgh Electrical Insulation

Munhall, Pennsylvania, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Pittsburgh Electrical Insulation is a manufacturer, converter, and distributor of electrical insulation materials, serving OEM and repair facilities in the Power Generation, Mining, Locomotive, Mass Transit, and Wind Power sectors. Pittsburgh Electrical Insulation is based in Munhall, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Fibertek

Franklin, Tennessee, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Fibertek, Inc. is a manufacturer of leading-edge specialty fiberglass tapes and high-performance laminates for electrical insulation applications in electric motors, generators, and transformers. Fibertek is based in Franklin, Tennessee.

DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Mergr

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