Advanced Energy Completes The Acquisition Of Sl Power
04/25/22, 8:02 PM
Location
denver
Industry
manufacturing
Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today announced that it completed the previously announced acquisition of SL Power Electronics Corporation from Steel Partners Holdings L.P. (NYSE: SPLP). The acquisition adds complementary products to Advanced Energy’s medical power offerings and extends its presence in several advanced industrial markets.
Company Info
Location
Denver, Colorado, United States
Company info
Advanced Energy Industries, Inc. (Nasdaq: AEIS) is a global leader in highly engineered, precision power conversion, measurement, and control solutions. With a focus on precision power, the company aims to deliver more value to its customers in industrial, medical, and semiconductor applications. Advanced Energy has a strong balance sheet with over $1.0 billion of cash on hand and low-cost debt.