IES Holdings Acquires Greiner Industries
April 1, 2024
IES Holdings, Inc. (NASDAQ: IESC) has acquired Greiner Industries, a Mount Joy, Pennsylvania-based structural steel fabrication and services company. Greiner—which operates a 450,000-square-foot manufacturing campus on 60 acres, generated approximately $58 million in revenue in 2023 and employs over 275 people—will join IES's Infrastructure Solutions segment and continue to operate under the Greiner name.
- Buyers
- IES Holdings, Inc.
- Targets
- Greiner Industries, Inc.
- Sellers
- Frank Greiner / Greiner family
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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