Electrical Solutions Leader Continues Expansion into New
Markets Across North America
SOLOMON, Kan., June 11, 2024 /PRNewswire/ -- Sunbelt Solomon
Services, a leading provider of customized electrical power
solutions and services, today announced the acquisition of Valley
Transformer, Inc., a provider of transformer repair and
reconditioning services in the Pacific Northwest.
"We are thrilled to add Valley Transformer's team and
capabilities to Sunbelt Solomon," said Gus Cedeño, chief executive
officer of Sunbelt Solomon. "Valley's location in the Pacific Northwest
provides a strategic advantage and enables us to better serve and
expand the customer base in this region.
"Our Valley team and customers will now have full access to
Sunbelt Solomon's full lifecycle management solutions, including
tens of thousands of pieces of inventory, purchasing power, and
expanded capabilities in field and rental services. We look forward
to working with Valley's team and
exploring opportunities to grow stronger together."
Kerry Riccardi, who had been
president and owner of Valley Transformer, will continue to lead
the business as vice president and general manager.
With the acquisition, Sunbelt Solomon now serves customers from
18 locations across the United
States and Canada.
"We are determined to continue capitalizing on opportunities to
expand Sunbelt Solomon's growing portfolio of services and
locations," Cedeño said. "We remain excited about the market's
demand for our capabilities."
Terms of the transaction were not disclosed.
About Valley Transformer
Valley Transformer,
established in 1980, is a leading provider of transformer repair
and refurbishment services for utilities, public utility districts
and commercial customers throughout the Pacific Northwest. Based in
Otis Orchards, Washington, near
Spokane, Valley offers factory-authorized service for
all major manufacturers, along with comprehensive trucking services
for pickup and delivery.
About Sunbelt Solomon
With over 100 years of
experience, Sunbelt Solomon is widely recognized as a
sustainability leader in the electrical segment for its technical
expertise, speed of service and standard of care within commercial,
industrial, and utility markets. The company provides rental,
repair, and field services to complement the supply of
remanufactured and new electrical power and distribution equipment,
including transformers and switchgear. Sunbelt Solomon boasts unparalleled scale, breadth of
services, and a consistent track record of dependability among
cooperative, investor-owned, and municipal utility customers, plus
a diverse presence across many renewable energy, oil and gas,
commercial and industrial verticals. More information is available
at the company's website, sunbeltsolomon.com.
CONTACTS:
Michele Rast, Director of Marketing, Sunbelt Solomon, (908)
208-0666 or michele.rast@sunbeltsolomon.com
or Tom Delamater, Pecchia Communications, (330) 437-5975 or
tom@pecchiacomm.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/sunbelt-solomon-announces-acquisition-of-valley-transformer-302169460.html
SOURCE Sunbelt Solomon