M&A Deal Summary

Hammond Power Solutions Acquires Micron Industries

On October 7, 2024, Hammond Power Solutions acquired electrical equipment company Micron Industries

Acquisition Highlights
  • This is Hammond Power Solutions’ 2nd transaction in the Electrical Equipment sector.
  • This is Hammond Power Solutions’ 2nd transaction in the United States.
  • This is Hammond Power Solutions’ 1st transaction in Illinois.

M&A Deal Summary
Date 2024-10-07
Target Micron Industries
Sector Electrical Equipment
Buyer(s) Hammond Power Solutions
Deal Type Add-on Acquisition

Target

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.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 2 of 2
Sector (Electrical Equipment) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-23 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.

Buy -
Mergr

Product

Company

Legal