RBI Solar to be Acquired by Gibraltar Industries

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Existing and prospective RBI Solar customers will benefit from these resources, along with the quality racking solutions and five-star customer service for which RBI Solar is known.

Becoming part of Gibraltar will enable us to achieve our strategic growth objectives faster than we could on our own

On June 10, 2015, Gibraltar Industries announced its acquisitions of RBI Solar and affiliate companies including Renusol Solar (collectively “RBI Solar”). RBI Solar will operate as a strategic business unit within Gibraltar, leveraging Gibraltar’s strategic, tactical and financial resources to accelerate its global growth. Existing and prospective RBI Solar customers will benefit from these resources, along with the quality racking solutions and five-star customer service for which RBI Solar is known.

Capitalizing on more than 80 years of design-build experience, Ohio-based RBI Solar has established itself during the past five years as North America’s leading provider of photovoltaic (PV) solar mounting solutions to both the utility and commercial sectors.

To continue to drive its rapid growth, RBI Solar has recently added manufacturing facilities in California, North Carolina and a second site in Ohio, and has positioned key personnel and capital resources to support product sales and installation in locations around the world, including Japan, Puerto Rico and Hawaii.

“Becoming part of Gibraltar will enable us to achieve our strategic growth objectives faster than we could on our own,” said RBI Solar President Richard Reilly. “Our product portfolios and the end markets we serve are truly complementary to Gibraltar’s strategic direction, and Gibraltar’s core strengths align very well with ours, both operationally and culturally. Along with our executive group and the entire RBI Solar team, I look forward to playing a key role in Gibraltar’s strategic transformation and profitable growth in the years ahead.”

About RBI Solar
RBI Solar, Inc. is the leading turn-key supplier of solar mounting systems. As a specialist in ground mount, roof mount, landfill solar, and custom designed specialty solar structures, RBI Solar focuses on providing best-in-class racking systems, installation services and project management capabilities to serve owners and integrators. RBI Solar has engineers on staff licensed in all 50 states and offers complete design, high-tech manufacturing, nationwide installation, and technical support to help solve the toughest challenges in the industry. Leveraging more than 80 years of experience in the commercial design-build specialty structures market, RBI Solar works with its clients to identify the most economical, durable and robust solution for solar installations. Visit http://www.rbisolar.com for more information.

About Gibraltar
Gibraltar Industries [NASDAQ: ROCK] is a leading manufacturer and distributor of building products for the industrial, infrastructure and residential markets. With a four-pillar strategy focused on operational improvement, product innovation, acquisitions and portfolio management, Gibraltar’s mission is to drive best-in-class performance. Gibraltar serves customers worldwide through facilities in the United States, Canada, England and Germany. Comprehensive information about Gibraltar can be found on its website at http://www.gibraltar1.com.

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Harman Kaur
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