ILSCO has acquired Surge Suppression Incorporated (SSI) for an undisclosed consideration.
IILSCO is a leading manufacturer of electrical connectors and grounding products that serves both original equipment manufacturers (OEMs) and maintenance repair and operations firms (MROs). Founded in 1894, ILSCO has expanded, diversified, and innovated to meet the needs of firms in the electrical connector and manufacturing industries. Their products are used in a wide range of industries including construction and industrial, residential, telecommunications, and renewable energy markets. ILSCO has operations throughout the USA, Canada and Mexico. The company is headquartered in Cincinnati, Ohio.
SSI is a leading manufacturer, distributor, and services provider of Surge Protection Devices (SPDs) that operates from offices in Brooksville and Destin, Florida. The company's senior management team were early entrants in the SPD market and the company has roots in the industry dating back to the early 1980s. SSI manufactures multiple lines of SPDs for both AC and DC power systems, as well as data and telecommunication systems, from 5 to 7200 volts. SSI has served more than 200,000 customers in both the USA and international markets.
Oaklins' team in Jacksonville advised the buyer in this transaction.
© 2019 Oaklins. All rights reserved. Oaklins is the collective trade name of independent member firms affiliated with Oaklins International Inc. For details of the nature of affiliation, please refer to www.oaklins.com/legal.