On Monday, September 2, 2019, CSE-Global announced that its US based subsidiary CSE W-Industries has completed the acquisition of Volta, LLC. Both companies are based in Houston, TX. The combined companies will offer a compelling array of products and services to customers throughout the energy industry around the globe.
Upon closing, majority owner Brad Davis commented, “Combining Volta with W-Industries was the next logical step for Volta to achieve our full potential. W-Industries and its affiliated companies have the resources to help fuel our growth, while allowing us to maintain the efficient and productive operating practices that have made Volta what it is today.”
Donnie Smith, CEO of W-Industries also noted, “The completion of this deal brings together two very strong companies, each with complementary capabilities, that will allow us to serve customers in ways which few competitors, if any, are capable. We are very excited to welcome the Volta team to the W-Industries family. We will count on the Volta management team to operate as they always have under Brad’s continuing leadership and providing customers with top quality products and services.”
CSE W-Industries is a subsidiary of CSE Global. CSE Global Limited (“CSE”) is a leading systems integrator targeting the oil and gas, petrochemical, utilities, public infrastructure, environmental and healthcare industries. The company started its operations in 1985 as the engineering projects division of ST Technologies. A management buy-out was successfully concluded in 1997 and the company was listed on SGX in 1999. Since its establishment, CSE has grown to employ over 1,100 employees worldwide, operating a network of 36 offices across the globe and is today one of the world’s largest independent system integrators.
Volta, LLC is a leading supplier of low and medium voltage control centers, low and medium voltage switchgear, and integrated Electrical Equipment Centers and is supported by a team of strong technical engineers and technicians. Located in Houston, TX, Volta maintains state-of-the-art fabrication capabilities that can handle large projects and employs over 100 full-time employees.
Inquiries regarding this transaction can be made to Jamie Monteiro, CFO of W-Industries at Jamie_Monteiro@w-industries.com.