Hammond Power Solutions Buying AEG Power Solutions in All-Cash Deal

Hammond Power Solutions buying AEG Power Solutions in all-cash deal

GUELPH — Hammond Power Solutions Inc. has signed an agreement to buy AEG Power Solutions in an all-cash deal with an enterprise value of $365 million. AEG Power Solutions is a manufacturer of industrial power electronics operating primarily across Europe and Asia. The company has five manufacturing facilities around the world. HPS chief executive Adrian […]

Hammond Power Solutions to acquire AEG Power Solutions

Hammond Power Solutions Inc., a leading provider of dry-type transformers and power quality solutions, announced that it has signed a definitive agreement to acquire AEG Power Solutions, subject to regulatory approvals and customary closing conditions. AEG Power Solutions is a leading global manufacturer of mission critical industrial power electronics serving a diverse set of markets, including industrial facilities, transportation, infrastruct…

Hammond Power Solutions Inc. to Acquire AEG Power Solutions

Acquisition will accelerate HPS’s growth strategy through expanded power quality capabilities, broader end‑market exposure, and increased global reach

Hammond Power Solutions to Acquire AEG Power Solutions – tEDmag

The transaction will strengthen HPS' technology foundation, expand its capabilities in integrated electrical solutions, and extend its reach across key markets.