# Hammond Power Solutions completes acquisition of AEG Power Solutions

Hammond Power Solutions Inc. completed the acquisition of AEG Power Solutions for approximately CAD $365 million, following receipt of all required regulatory approvals.

- Type: Acquisition
- Announced: 2023-05-31
- Value: $270.0M (365.0M CAD)
- Status: completed
- Products: power conversion systems, uninterruptible power supply 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

- [aegps.com](https://www.aegps.com/en/news/), 2023-05-31: "Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) today announced it has completed the acquisition of AEG Power Solutions (“AEGPS”) for approximately CAD $365 million, following receipt of all required regulatory approvals."

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