# Integrated Power Services acquires B&B Transformer

B&B Transformer, a manufacturer of oil-filled distribution class transformers based in Farmington, Minnesota, was acquired by Integrated Power Services in September 2024.

- Type: Acquisition
- Announced: 2024-08-13
- Where: Farmington, Minnesota, United States
- Jobs: 115
- Status: announced
- Products: oil-filled distribution class transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ABB](https://endata.com/companies/1547.md) (partner)
- [ABB](https://endata.com/companies/1547.md) (target)
- [Integrated Power Services](https://endata.com/companies/1579.md) (acquirer)
- [B&B Transformer](https://endata.com/companies/79148.md) (target)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/bb-transformer), 2024-08-13: "In September 2024, B&B Transformer was acquired by Integrated Power Services."
- [globenewswire.com](https://www.globenewswire.com/news-release/2024/09/03/2940158/0/en/integrated-power-services-acquires-assets-of-abb-industrial-services-business.html), 2024-09-03: "This acquisition will permit IPS to add locations where customers have urged us to offer services."
- [pumpsandsystems.com](https://www.pumpsandsystems.com/integrated-power-services-acquires-assets-abb-industrial-services-business/), 2024-09-04: "This acquisition will permit IPS to add locations where customers have urged us to offer services."
- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/22919609/integrated-power-services-acquires-abb-industrial-services-assets), 2024-09-05: "This acquisition will permit IPS to add locations where customers have urged us to offer services."
- [einpresswire.com](https://www.einpresswire.com/article/741078392/integrated-power-services-acquires-b-b-transformer), 2024-09-05: "This strategic acquisition strengthens IPS's power management portfolio, enhancing our ability to deliver comprehensive solutions to a diverse range of industries."

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