IES Holdings Closes Acquisition of Gulf Island Fabrication for $192 Million

Reuters01-16
IES Holdings Closes Acquisition of Gulf Island Fabrication for $192 Million

IES Holdings has completed its acquisition of Gulf Island Fabrication, purchasing all issued and outstanding common stock of Gulf Island for $12 per share in cash, representing an aggregate equity value of approximately $192 million. Gulf Island, a leading steel fabricator and service provider to the industrial, energy, and government sectors, will become part of IES’s Infrastructure Solutions segment. The transaction is expected to expand IES’s capacity for custom engineered solutions and support growth in sectors such as data centers and energy markets, including oil & gas and potential future U.S. nuclear projects.

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. IES Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9626890) on January 16, 2026, and is solely responsible for the information contained therein.

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