Strategic Expansion in the Solar Energy Market
Sunbelt Solomon Services, a leading provider of customized electrical power solutions and services, announced today the acquisition of Valley Transformer, Inc. Valley Transformer is a prominent provider of transformer repair and reconditioning services in the Pacific Northwest. This acquisition enhances Sunbelt Solomon’s capabilities and strategic positioning in the energy market.
“We are thrilled to add Valley Transformer’s team and capabilities to Sunbelt Solomon,” said Gus Cedeño, CEO of Sunbelt Solomon. “Valley’s location in the Pacific Northwest provides a strategic advantage and enables us to better serve and expand our customer base in this region.”
Enhanced Services and Capabilities
With this acquisition, Valley Transformer’s team and customers will gain access to Sunbelt Solomon’s full lifecycle management solutions. This includes an extensive inventory, purchasing power, and expanded capabilities in field and rental services. Sunbelt Solomon now serves customers from 18 locations across the United States and Canada, significantly broadening its reach and impact.
Kerry Riccardi, who was president and owner of Valley Transformer, will continue to lead the business as vice president and general manager. “We look forward to working with Valley’s team and exploring opportunities to grow stronger together,” said Cedeño.
Market Demand and Future Growth
Sunbelt Solomon is determined to continue expanding its growing portfolio of services and locations. “We remain excited about the market’s demand for our capabilities,” Cedeño added. This acquisition aligns with Sunbelt Solomon’s commitment to capitalizing on opportunities in the energy market, particularly in the areas of solar energy, energy storage, and lithium batteries.
Company Backgrounds
About Valley Transformer
Established in 1980, Valley Transformer 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. The company is known for its technical expertise, speed of service, and standard of care within commercial, industrial, and utility markets. Sunbelt Solomon provides rental, repair, and field services to complement the supply of remanufactured and new electrical power and distribution equipment, including transformers and switchgear. The company boasts unparalleled scale, breadth of services, and a consistent track record of dependability. Sunbelt Solomon serves cooperative, investor-owned, and municipal utility customers, and has a diverse presence across renewable energy, oil and gas, commercial, and industrial verticals.
Conclusion
The acquisition of Valley Transformer by Sunbelt Solomon marks a significant step in enhancing their service offerings and market reach. This strategic move will likely strengthen their position in the solar energy market and other energy sectors. The integration of Valley Transformer’s capabilities will enable Sunbelt Solomon to better meet the growing demand for energy solutions, supporting the industry’s shift towards green energy policies and sustainable practices.
Source:prnewswire.com