EMCOR Group finalizes acquisition of Miller Electric Company to strengthen its electrical capabilities
EMCOR Group finalizes acquisition of Miller Electric Company to strengthen its electrical capabilities
01/14/25, 4:32 PM
Location
jacksonvilleIndustry
building maintenance
manufacturing
EMCOR Group has entered into a definitive agreement to acquire Miller Electric Company for $865 million in cash, subject to customary adjustments. This acquisition will expand EMCOR's electrical capabilities, particularly in high-growth areas such as data centers, manufacturing, and healthcare, by integrating Miller Electric's expertise in complex electrical systems and related technologies across the Southeastern U.S. This strategic acquisition is aligned with EMCOR's goal to enhance its construction services platform and strengthen its position as a leader in delivering high-quality, sustainable services.
Company Info
Company info
A Fortune 500® company with estimated 2021 revenues of approximately $9.5B, EMCOR Group, Inc. (NYSE: EME) is a leader in mechanical and electrical construction, industrial and energy infrastructure, and building services. A provider of critical infrastructure systems, EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating, maintaining, and protecting the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems---in virtually every sector of the economy and for a diverse range of businesses, organizations and government. Additional information on EMCOR can be found at www.EMCORGroup.com.