Blackstone Energy Transition Partners has agreed to acquire US-based electrical products manufacturer Arlington Industries for an undisclosed sum.
Founded in 1949, Arlington designs and manufactures a range of electrical products such as fittings, enclosures and other components used across commercial, industrial and data-centre facilities.
Tom Gretz, president of Arlington, said: “We are thrilled to be entering into this new partnership between Arlington and Blackstone. With support from Blackstone, we will continue to deliver innovative and dependable solutions to electrical contractors. I am incredibly proud of what our team has built and excited about the next phase of growth.”
Bilal Khan, senior managing director, and Mark Zhu, managing director, at Blackstone Energy Transition Partners, said: “Arlington has built an excellent reputation for its high quality and innovative products delivering market leading solutions for its diverse customer base.
“Together with Blackstone’s scale, resources and global network, we look forward to further expanding Arlington’s product offerings and supporting the company’s track record of innovation and long-term growth.”
Elizabeth Stark, chairman of Arlington’s board, said: “This transaction with Blackstone marks an exciting new chapter for Arlington. Blackstone will be a terrific steward of the company and will unlock new opportunities for Arlington’s employees, customers and representatives.”
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