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Woodbridge International Closes Sale of Meiners Electric to Leadec Group

December 31, 2021

Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Meiners Electric by Leadec Group.

Meiners Electric is an electrical contractor headquartered in Louisville, KY, and has been in business since 1974. The company provides maintenance services, low and high voltage work and designs build electrical work. Meiners Electric employs over 100 people who serve their customers in the automotive, parcel, and food and beverage industries.

“After over 30 years in business, it is time to take the next step with a strong partner by our side. We see a lot of opportunities to grow our business outside of our 100-mile radius operations, and our customers will benefit from the expanded services that we can offer as part of the Leadec Group,” said Tim Meiners, Owner and President of Meiners Electric.

Leadec in the U.S. is a company of the Leadec Group, headquartered in Stuttgart, Germany and founded in 1962, with about 20,000 employees at more than 300 sites all over the world. Leadec is the leading global service specialist for factories across their entire life cycle and related infrastructure. For 60 years, Leadec has been supporting its customers along the entire production supply chain.

Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business.