ADVANCED ENERGY INDUSTRIES INC acquired Excelsys Holdings Limited for NULL (contributed $7.6 million to 2017 sales), a transaction completed in July 2017.
Excelsys Holdings Limited operates in Configurable medical and industrial power supplies, is based in Cork, Ireland, had revenue of about $7.6 million in sales contributed in 2017 (partial year from July 3, 2017). Excelsys Holdings Limited, an electronics manufacturer based in Cork, Ireland, acquired via purchase of all issued and outstanding capital stock. Excelsys manufactures high-efficiency, low voltage, configurable power supplies for medical and industrial applications.
This acquisition is part of Advanced Energy's strategy to continue to grow and diversify its revenue in new and adjacent markets through organic and inorganic opportunities. The high-efficiency, low voltage, configurable power supplies that Excelsys manufactures for medical and industrial applications further enhance Advanced Energy's product portfolio.
High-efficiency, low-voltage configurable power supplies for medical and industrial applications; diversification into new and adjacent markets Integrated into Advanced Energy's medical and industrial power product portfolio
In July 2017, Advanced Energy acquired all of the issued and outstanding shares of capital stock of Excelsys Holdings Limited, an electronics manufacturer in Cork, Ireland. This acquisition is part of Advanced Energy's strategy to continue to grow and diversify its revenue in new and adjacent markets through organic and inorganic opportunities.Advanced Energy, FY2017 Form 10-K, Recent Acquisitions
Advisory firms were not disclosed for this transaction.