TJC, LP Acquires Insulation Technology Group from PHI Industrial
July 2, 2024
TJC, LP (formerly The Jordan Company) has acquired Insulation Technology Group (ITG), a global manufacturer of high‑voltage porcelain insulators, from PHI Industrial. ITG, formed from the LAPP and PPC brands, employs more than 1,200 people with production facilities in the United States, Europe and Brazil; TJC said it will support the company’s continued expansion into utility and electrification markets.
- Targets
- Insulation Technology Group (ITG)
- Sellers
- PHI Industrial
- Industry
- Manufacturing
- Location
- Hesse, Germany
- Transaction Type
- Buyout
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