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Synopsis
EIS, a specialty value-added distributor of electrical process materials and components in North America completed the acquisition of Power Grid Supply, a supplier of high-quality transformer parts and components for the production, repair, and remanufacturing of transformers. Financial terms were not disclosed. "We are excited to welcome the talented team at Power Grid Supply to EIS. This strategic move not only strengthens our offering in the transformer market but also aligns with our commitment to delivering unmatched quality and service to our customers. Power Grid Supply's technical expertise in combination with EIS’s footprint creates a national platform of industry-leading transformer solutions,” Glenn Pennycook EIS CEO.
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