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Hammond Power Solutions Inc. completes acquisition of Micron Industries Corporation's assets

Oct 07, 2024

Acquiring Company

Hammond Power Solutions

Acquired Company

Micron Industries Corporation

GuelphOak BrookManufacturingManufacturing

Description

Hammond Power Solutions Inc. (HPS) has successfully completed the acquisition of assets related to the operations of Micron Industries Corporation. With this acquisition, HPS aims to strengthen its product offerings and continue to provide high-quality power solutions to its global clientele.

Quick answer

Hammond Power Solutions is acquiring Micron Industries Corporation, announced October 7, 2024. Hammond Power Solutions is based in Guelph, Ontario, Canada.

How much did Hammond Power Solutions pay for Micron Industries Corporation?
The deal value was not disclosed.
What does Hammond Power Solutions do?
Hammond Power Solutions Inc. ("HPS") enables electrification through its broad range of dry-type transformers, power quality products and related magnetics.
Where are Hammond Power Solutions and Micron Industries Corporation based?
Hammond Power Solutions is based in Guelph, Ontario, Canada. Micron Industries Corporation is based in Oak Brook, Illinois, United States.
Who are the decision-makers at Hammond Power Solutions?
Fundz holds 1 contact at Hammond Power Solutions. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Hammond Power Solutions

Location

Guelph, Ontario, Canada

About

Hammond Power Solutions Inc. ("HPS") enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. HPS’ standard and custom-designed products are essential and ubiquitous in electrical distribution networks through an extensive range of en

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Frequently asked

Who acquired Micron Industries Corporation?

Micron Industries Corporation was acquired by Hammond Power Solutions, based in Guelph. The deal was reported on October 7, 2024. Hammond Power Solutions Inc. ("HPS") enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. Hammond Power Solutions is privately held and operates in Manufacturing.

When did Hammond Power Solutions acquire Micron Industries Corporation?

Hammond Power Solutions's acquisition of Micron Industries Corporation was reported on October 7, 2024. Hammond Power Solutions Inc. (HPS) has successfully completed the acquisition of assets related to the operations of Micron Industries Corporation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Micron Industries Corporation do?

Micron Industries Corporation is the leading supplier of control transformers, low voltage transformers, and DC power supplies, serving OEMs and control system builders since 1971. It is privately held, operating in Manufacturing, and is based in Oak Brook.

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