XP Power acquires Glassman High Voltage for £31.8m in cash

XP Power is acquiring Glassman High Voltage for £31.8 million in cash, funded by extending its credit facility, to expand its high-voltage and high-power product portfolio.

“XP is paying £31.8m in cash, funded by extending the company’s credit facility, and expects the deal to be earnings enhancing in FY18.”edisongroup.com

• 1 source
• edisongroup.comXP Power — Rounding out the portfolio - Edison GroupMay 10, 2018

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