# XP Power acquires FuG Elektronik and Guth High Voltage for EUR 39M

XP Power Ltd. acquired FuG Elektronik GmbH and Guth High Voltage GmbH for approximately EUR 39 million in cash, strengthening its position in the German power solutions market.

- Type: Acquisition
- Announced: 2022-01-31
- Where: Germany
- Value: $44.0M (39.0M EUR)
- Status: completed
- Products: power solutions, high voltage equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [XP Power](https://endata.com/companies/3253.md) (acquirer)
- [FuG Elektronik](https://endata.com/companies/60688.md) (target)
- [Guth High Voltage](https://endata.com/companies/60689.md) (target)

## Sources

- [rttnews.com](https://www.rttnews.com/3258528/xp-power-buys-fug-elektronik-guth-high-voltage-for-39-mln-euros-in-cash.aspx), 2022-01-31: "XP Power believes that the acquisition of two complementary businesses strengthens its position in Germany, the largest market for power solutions in Europe."

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