M&A Deal Summary

Hammond Power Solutions Acquires Mesta Electronics

On July 23, 2021, Hammond Power Solutions acquired electrical equipment company Mesta Electronics

Acquisition Highlights
  • This is Hammond Power Solutions’ 1st transaction in the Electrical Equipment sector.
  • This is Hammond Power Solutions’ 1st transaction in the United States.
  • This is Hammond Power Solutions’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2021-07-23
Target Mesta Electronics
Sector Electrical Equipment
Buyer(s) Hammond Power Solutions
Deal Type Add-on Acquisition

Target

Mesta Electronics

Huntingdon, Pennsylvania, United States
Mesta Electronics is a provider in the design and manufacture of standard and custom active filter and induction heating products. Mesta Electronics was founded in 1977 and is based in Huntingdon, Pennsylvania.

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Buyer(S) 1

Buyer

Hammond Power Solutions

Guelph, Ontario, Canada

Category Company
Founded 1917
Sector Electrical Equipment
Employees1,900
Revenue 710M CAD (2023)
DESCRIPTION

Hammond Power Solutions is a provider in the design and manufacture of dry-type custom electrical engineered magnetics, electrical dry-type, and cast resin transformers. Leading edge engineering capabilities, high quality products and responsive service to customers’ needs have all served to establish HPS as a technical and innovative leader in the electrical and electronic industries. Hammond Power Solutions was incorporated in 1917 and is based in Guelph, Canada.


DEAL STATS #
Overall 1 of 2
Sector (Electrical Equipment) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-07 Micron Industries

Sterling, Illinois, United States

Micron Industries is a supplier of control transformers, serving OEMs and control system builders. Micron Industries was founded in 1966 and is based in Sterling, Illinois.

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