Premier Electrical Corporation acquires Schammel Electric, Inc.

Premier Electrical Corporation, announces the acquisition of Schammel Electric, Inc., a privately-held electrical contractor based in Austin, Minnesota.

About Schammel Electric, Inc.

Schammel Electric, Inc. is a privately-held electrical contractor based in Austin, Minnesota. The company provides a wide range of electrical services to residential and commercial customers in Austin and the surrounding areas. Schammel Electric, Inc. is committed to providing its customers with the highest quality services and the safest working environment.

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Schammel Electric, Inc. has been providing quality electrical services to residential and commercial customers in Austin and the surrounding areas for over 60 years.

President, Kevin Schammel, has over 35 years of experience in the electrical industry. The company has a strong reputation for its customer service and its commitment to safety.

“We are excited to welcome Schammel Electric, Inc. to the Premier Electrical Corporation family,” said Eric Jahnke, CEO of Premier Electrical Corporation. “This acquisition is a strategic fit for our company and will allow us to better serve our customers in southern Minnesota and northern Iowa. We look forward to working with the Schammel Electric, Inc. team to continue to provide our customers with the highest quality electrical services.”

“We are pleased to be joining forces with Premier Electrical Corporation,” said Kevin Schammel, President of Schammel Electric, Inc. “This is a great opportunity for our employees and our customers. We are confident that Premier Electrical Corporation will continue to provide the same high level of service that our customers have come to expect.”

The acquisition is expected to close on January 1st, 2025. Terms of the transaction were not disclosed.

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