# Hammond Power Solutions to acquire AEG Power Solutions

Hammond Power Solutions Inc. has signed a definitive agreement to acquire AEG Power Solutions, a global manufacturer of industrial power electronics. The acquisition is subject to regulatory approvals and customary closing conditions.

- Type: Acquisition
- Announced: 2026-02-17
- Where: Canada
- Value: $267.0M
- Status: announced
- Products: dry-type transformers, power quality solutions, industrial UPS, power conversion equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [AEG Power Solutions](https://endata.com/companies/25438.md) (target)
- [Hammond Power Solutions Inc.](https://endata.com/companies/32112.md) (acquirer)

## Sources

- [americas.hammondpowersolutions.com](https://americas.hammondpowersolutions.com/news/2026/february/hps-aeg-power-solutions-aquisition), 2026-02-17: "This transaction is an important strategic milestone for Hammond Power Solutions."
- [aegps.com](https://www.aegps.com/en/news/aegps-acquired-by-hammond-power-solutions/), 2026-02-17: "The acquisition of AEG Power Solutions is an important strategic milestone for Hammond Power Solutions."
- [ewweb.com](https://www.ewweb.com/news/mergers-acquisitions/article/55358397/hammond-power-solutions-to-acquire-aeg-power-solutions), 2026-02-18: "This transaction is an important strategic milestone for Hammond Power Solutions."
- [electricalindia.in](https://www.electricalindia.in/hammond-power-solutions-to-acquire-aeg-power-solutions/), 2026-03-25: "This transaction is an important strategic milestone for Hammond Power Solutions."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.