Hammond Power Solutions to Acquire AEG Power Solutions in $365M All-Cash Deal
February 17, 2026
Hammond Power Solutions has signed an agreement to buy AEG Power Solutions in an all-cash transaction valued at $365 million enterprise value. AEG Power Solutions is expected to operate as a wholly owned subsidiary of HPS, with its leadership team continuing day-to-day oversight. The deal is subject to regulatory approvals and customary conditions, and is expected to close in the second quarter of 2026.
- Buyers
- Hammond Power Solutions Inc.
- Targets
- AEG Power Solutions
- Industry
- Industrial Services
- Location
- Germany
- Transaction Type
- Buyout
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