Vertiv Holdings Co. Announces Acquisition of Custom Rack Solutions Manufacturer Great Lakes for $200 Million

Reuters

07-17

Vertiv Holdings Co. Announces Acquisition of Custom Rack Solutions Manufacturer Great Lakes for $200 Million

Vertiv Holdings Co. has announced an agreement to acquire Great Lakes Data Racks & Cabinets, a manufacturer known for its innovative and customized data rack enclosures. The acquisition, valued at $200 million, is set to enhance Vertiv's capabilities in delivering pre-engineered, AI-ready rack solutions for various computing markets. Great Lakes, established in 1985 and headquartered in Edinboro, PA, operates facilities in the U.S. and Europe, offering a range of standard and custom racks. This strategic move is expected to bolster Vertiv's position as a leader in high-density integrated infrastructure offerings, providing comprehensive solutions for critical digital infrastructure needs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vertiv Holdings Co. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL32295) on July 17, 2025, and is solely responsible for the information contained therein.

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Announces Acquisition of Custom Rack Solutions Manufacturer Great Lakes for $200 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-17 18:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Vertiv Holdings Co. Announces Acquisition of Custom Rack Solutions Manufacturer Great Lakes for $200 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Vertiv Holdings Co. has announced an agreement to acquire Great Lakes Data Racks &amp; Cabinets, a manufacturer known for its innovative and customized data rack enclosures. The acquisition, valued at $200 million, is set to enhance Vertiv's capabilities in delivering pre-engineered, AI-ready rack solutions for various computing markets. Great Lakes, established in 1985 and headquartered in Edinboro, PA, operates facilities in the U.S. and Europe, offering a range of standard and custom racks. 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ID: CL32295) on July 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1064131342.USD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250717:nNDL2n6Pf5:1","article_id":"2552604483","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552604483","pubTimestamp":1752748253,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Vertiv Holdings Co. has announced an agreement to acquire Great Lakes Data Racks & Cabinets, a manufacturer known for its innovative and customized data rack enclosures. 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Announces Acquisition of Custom Rack Solutions Manufacturer Great Lakes for $200 Million\n    \n\n        Vertiv Holdings Co. has announced an agreement to acquire Great Lakes Data Racks & Cabinets, a manufacturer known for its innovative and customized data rack enclosures. The acquisition, valued at $200 million, is set to enhance Vertiv's capabilities in delivering pre-engineered, AI-ready rack solutions for various computing markets. Great Lakes, established in 1985 and headquartered in Edinboro, PA, operates facilities in the U.S. and Europe, offering a range of standard and custom racks. This strategic move is expected to bolster Vertiv's position as a leader in high-density integrated infrastructure offerings, providing comprehensive solutions for critical digital infrastructure needs.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vertiv Holdings Co. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL32295) on July 17, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}