Hammond Power Solutions to Acquire AEG Power Solutions in $365M Deal

February 17, 2026

Hammond Power Solutions (HPS) has signed a definitive agreement to acquire AEG Power Solutions in an all-cash transaction valued at approximately C$365 million. The deal will integrate AEG’s industrial UPS and power conversion expertise into HPS and AEG will operate as a wholly owned subsidiary of HPS. The transaction was described as expected to close in Q2 2026, and later reports indicate it has been completed after regulatory approvals.

Buyers
Hammond Power Solutions Inc.
Targets
AEG Power Solutions
Location
Netherlands
Transaction Type
Buyout

Explore More

Related Acquisitions

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.