American Superconductor (AMSC) Acquires NWL, Inc. (Megatran Industries)

August 5, 2024

AMSC (American Superconductor) has acquired Megatran Industries d/b/a NWL, a New Jersey-based manufacturer of transformers, inductors and power supplies, in a transaction with total consideration of approximately $62 million (cash plus stock and contingent payment). The deal expands AMSC's product offerings and military/industrial market footprint and is expected to be accretive to earnings as AMSC integrates NWL's capabilities and customer channels.

Buyers
AMSC (American Superconductor Corporation)
Targets
NWL, Inc. (Megatran Industries d/b/a NWL)
Industry
Manufacturing
Location
New Jersey, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.