Deal Snapshot
CUI Global to Acquire Reach Construction Group to Expand Energy Services Business
Friday 27 March 2020

Oregon, US-based CUI Global, Inc. (NASDAQ: CUI), maximising shareholder value through the acquisition and development of companies, products and technologies, has agreed to acquire North Carolina-based solar construction company Reach Construction Group, LLC to broaden service offerings in the energy infrastructure market, the company said.
The transaction will consist of third-party debt and company equity valued at approximately USD 37m. CUI said this transaction is a first step in the company's strategic plan to become a diversified energy infrastructure services company.

Date Published: 27/03/2020