Naugatuck electrical manufacturing facility acquired
Contributed
MCG CEO Jeff Drees
DVM Manufacturing, which makes low- and medium-voltage electrical distribution equipment, and has a facility in Naugatuck, has been acquired by a Dallas-based company.
The buyer, Mission Critical Group, did not disclose the terms of the deal.
DVM is headquartered in Pennsylvania, and in addition to Connecticut also has facilities in Georgia.
The Naugatuck location specializes in retrofits, breaker rebuilds and switchgear modernization, which MCG says will bolster its services and power solution offerings.
“DVM’s expertise advances MCG’s manufacturing and aftermarket services,” said Jeff Drees, CEO of Mission Critical Group. “With DVM’s added capacity and technical strengths, we are also expanding our geographic reach, boosting product development and optimizing power service offerings to better support data centers and other mission critical environments.”
DVM will operate as a Mission Critical Group company, and its current CEO Robert Ricci will continue to lead DVM as its president, overseeing MCG’s low- and medium-voltage electrical equipment manufacturing.
Combined, the company will have over 1 million square feet of manufacturing capacity.
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