Announced

Completed

IES Holdings completed the acquisition of Greiner Industries.

Synopsis

IES Holdings, a company that designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, completed the acquisition of Greiner Industries, a Mount Joy, PA-based structural steel fabrication and services company. Financial terms were not disclosed. “The acquisition of Greiner strategically expands our geographic footprint into the attractive Mid-Atlantic market, while adding several products and services. Greiner, founded by Frank Greiner in 1976, has a long track record of completing large-scale, complex projects and providing specialized industrial services that are highly complementary with our Infrastructure Solutions segment. In addition, Greiner provides an opportunity to further expand the capacity and reach of our existing custom engineered product offerings. I am pleased to welcome Greiner’s deep and experienced workforce to the IES family,” Jeff Gendell, IES Holdings Chairman and Chief Executive Officer.

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