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M&A Deal Summary

Power Distribution Acquires ONYX Power

On August 29, 2008, Power Distribution acquired electrical equipment company ONYX Power

Acquisition Highlights
  • This is Power Distribution’s 1st transaction in the Electrical Equipment sector.
  • This is Power Distribution’s 1st transaction in the United States.
  • This is Power Distribution’s 1st transaction in California.

M&A Deal Summary
Date 2008-08-29
Target ONYX Power
Sector Electrical Equipment
Buyer(s) Power Distribution
Deal Type Add-on Acquisition

Target

ONYX Power

Santa Ana, California, United States
ONYX Power, Inc. is a designer and manufacturer of high power transformers, magnetics, inverters, and power distribution system.

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Buyer(S) 1

Buyer

Power Distribution

Richmond, Virginia, United States
Category Company
Founded 1978
Sector Electrical Equipment
Revenue 125M USD (2019)
DESCRIPTION

Power Distribution, Inc. is a designer and manufacturer of power distribution equipment for the North America data center market. Power Distribution produces power distribution units, static transfer switches, remote power panels, power conditioning units, medium and low voltage transformers and patented power monitors used mainly in data centre and alternative energy applications. Power Distribution was established in 1978 and is based in Richmond, Virginia.

DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
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