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Vertiv doubles capacity after acquisition, forecasts further expansion by 2025
Thu, 8th Feb 2024

Vertiv, the worldwide supplier of vital digital infrastructure and continuity solutions, recently released data demonstrating its significant business growth. The organisation has reported an over 100% expansion in its capacity for switchgear, busway, and integrated modular solutions (IMS) since acquiring the E&I Engineering and PowerBar Gulf switchgear, busway, and IMS business in November 2021. Additionally, Vertiv anticipates a further doubling of these capacities through the end of 2025.

This strategic growth enables Vertiv to support the increasing customer demand for data centre power infrastructure, particularly in co-location and hyperscale sites, as well as the burgeoning need for applications for AI and high-performance computing. Vertiv's swift progression is also marked by the addition of over 1,000 new production jobs since its acquisition of E&I Engineering and PowerBar Gulf.

Over the two years since this crucial acquisition, Vertiv has scaled up its worldwide production footprint by inaugurating new facilities and augmenting production in existing facilities. It plans to continue its expansion, expecting to more than double the capacity for its switchgear, busbar, and modular power solutions in the next two years. Additionally, Vertiv’s switchgear, busbar, and IMS capacity growth is amplified through increased utilisation and footprint expansion across various regions, including South Carolina (United States), Mexico, Slovakia, United Arab Emirates, Ireland, and Northern Ireland.

"When we acquired the switchgear and busway business to complete our end-to-end power management portfolio for data centres and other critical commercial and industrial applications, we anticipated the product set would enable us to deliver greater value and superior solutions for our customers," said Vertiv CEO Giordano Albertazzi. He also highlighted that the current demand, spurred by the dramatic growth of data traffic and AI acceleration, is surpassing the projections Vertiv made at the time of the E&I Engineering and PowerBar Gulf acquisition.

The CEO confirmed the organisation is flexibly meeting this advanced demand by investing in capacity in key areas and locations and scaling its operations globally. He further pointed out that the accelerating application of AI and high-performance computing is creating a need for capacity and innovation across Vertiv's offering portfolio. "Investing in additional capacity in all global regions aligns with our strategy to enable the growth of the industry and to build a resilient supply chain," he added.

Vertiv's robust growth exhibits its dedication to providing essential support for global digital infrastructure and continuity solutions, directly fuelling the tech industry's growth, the company states.