ERMCO Acquires GridBridge Corporation

June 19, 2017

ERMCO, a Dyersburg, Tennessee-based manufacturer of distribution transformers, has acquired GridBridge Corporation, a Raleigh, North Carolina power-delivery systems company and developer of the Grid Energy Router. GridBridge will operate as a wholly owned subsidiary of ERMCO to scale its energy-router product line and support utility and commercial customers in grid modernization; financial terms were not disclosed.

Buyers
ERMCO
Targets
GridBridge Corporation
Industry
Utilities
Location
North Carolina, United States
Transaction Type
Buyout

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