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LSIS acquires Parker Hannifin's Energy Grid Tie Division · Endata

◂ Announcements

Dec 5, 2018ACQUISITIONCharlotte, North Carolina, United States

LSIS acquires Parker Hannifin's Energy Grid Tie Division

LSIS, a Korea-based power and automation company, acquired the Energy Grid Tie Division of Parker-Hannifin, creating a new U.S.-based company, LS Energy Solutions. Financial terms were not disclosed.

Status

Completed

Productsenergy storage power conversion systemsswitchgearcircuit breakerscontactors

CompaniesParker-Hannifin target LSIS acquirer LS Energy Solutions acquirer

Sectors#Electrical Equipment

“Combining our PCS and system integration capabilities with LSIS’s full line of electric power products like switchgear, circuit breakers and contactors will make us a competitive one-stop shop for energy storage offerings.”eepower.com

1 source
eepower.comLSIS Acquires Parker Hannifin’s Energy Grid Tie Division - NewsDec 5, 2018

Summarized from public sources; check the original articles before acting on it.

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