NAES to acquire the selected business lines of PIC Group.

NAES, an American company providing optimization services for the performance of energy installations, agreed to acquire the selected business lines of PIC Group, a global power and energy service provider. Financial terms were not disclosed. “This transaction aligns with our mission to deliver best-in-class services and foster lasting partnerships with our customers. By integrating PIC’s talent and expertise, we can better serve both existing and new clients, offering a broader range of solutions to meet their evolving needs. It will enable NAES to provide greater value across multiple sectors, building upon both companies’ established legacies,” Mark S. Dobler, NAES President and CEO.