Royal Power Solutions Acquires Business Assets from Wieland Rolled Products North America
December 9, 2020
Royal Power Solutions, an Industrial Growth Partners (IGP) portfolio company, acquired certain business assets and product lines from Wieland Rolled Products North America in two transactions (October 8 and December 9, 2020). The assets—including busbars, terminals, eyelets and shields—bolster Royal's capabilities in electrical connectivity for automotive, EV and power electronics platforms and add new manufacturing technologies and customers in mobility markets.
- Buyers
- Royal Power Solutions, Industrial Growth Partners
- Targets
- Wieland Rolled Products North America, LLC
- Sellers
- Wieland Rolled Products North America, LLC
- Platforms
- Royal Power Solutions
- Industry
- Manufacturing
- Location
- Rhode Island, United States
- Transaction Type
- Addon
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