Announced

Jabil to acquire Hanley Energy Group for $725m.

Synopsis

Jabil, a company specializing in engineering, manufacturing and supply-chain services, agreed to acquire Hanley Energy Group, a provider of energy management and critical power solutions for the data-center market, for $725m. “This acquisition fits perfectly with Jabil’s strategy to grow in the data center space, where we’re focused on creating capabilities to deliver custom solutions for hyperscale, co-location, and digital native customers. It now gives us the uniquely differentiated capability to not only design and manufacture these solutions, but also to deploy and service them in the data center,” Matt Crowley, Jabil Executive Vice President, Global Business Units, Intelligent Infrastructure.

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