# Hammond Power Solutions completes $258M acquisition of AEG Power Solutions

Hammond Power Solutions (HPS) has completed its acquisition of AEG Power Solutions for approximately $258 million (CAD $365 million), expanding into power quality and conversion.

- Type: Acquisition
- Announced: 2026-07-22
- Where: Canada
- Value: $258.0M
- Status: completed
- Products: power quality solutions, power conversion solutions, integrated electrical systems
- 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

- [transformer-magazine.com](https://transformer-magazine.com/news/hps-completes-258-m-aeg-deal/), 2026-07-22: "The acquisition expands Hammond Power Solutions beyond transformers into power quality, conversion and integrated electrical systems."

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