Generac paid about $425M for acquisition in UK: Baird - Milwaukee Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Generac acquires UK advanced controls designer and manufacturer
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Generac s headquarters in the Town of Genesee Town of Genesee-based Generac Holdings Inc. has acquired United Kingdom-based Deep Sea Electronics in a deal valued at more than $340 million. DSE is a designer and manufacturer of generator controllers, automatic transfer switch controllers,…
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Deep Sea Electronics in a deal valued at more than $340 million.
DSE is a designer and manufacturer of generator controllers, automatic transfer switch controllers, battery chargers and vehicle and off-highway controllers. The company employees 160 people across four continents and sells products to over 150 countries.
Generac, a maker of standby and portable generators and other energy technology, expects the acquisition to build on its controls and automation capabilities while accelerating growth in the distributed energy resource and microgrid market.
WAUKESHA, Wis., June 01, 2021 (GLOBE NEWSWIRE) Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, announced today the acquisition of Deep Sea Electronics Limited, an advanced controls designer and manufacturer. As a leader in the industry, Deep Sea Electronics provides a diverse suite of controller products that provide flexible solutions for multiple applications including generators, automatic transfer switches, battery charging, and off-highway vehicles. Headquartered in Hunmanby, United Kingdom, Deep Sea Electronics has a 40-year history of continuously advancing their products and driving innovation in the controls market. “The technical and engineering expertise of the team at Deep Sea Electronics is second to none and will help us accelerate our product roadmap for the future,” commented Aaron Jagdfeld, President and Chief
LONDON (dpa-AFX) - Caledonia Investments Plc (CLDN.L) announced Tuesday that Caledonia Private Capital has sold its portfolio company Deep Sea Electronics or DSE, a provider of backup power control