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XP Power to buy EMCO for $12million

Mike Laver, president, Worldwide Sales and Marketing of XP Power

XP Power has announced that it has acquired EMCO High Voltage Corporation (EMCO) in a $12m deal. EMCO supplies the industrial and medical sectors with standard, modified and custom high voltage products.

Mike Doherty, CEO of EMCO, said: “With XP Power’s support, we are able to accelerate our research and product development activities, while leveraging XP’s global direct sales channel to reach new markets under the ‘XP-EMCO’ brand.”

Mike Laver, president, Worldwide Sales and Marketing of XP Power, said: "The acquisition will enable us to provide our existing customers with a comprehensive product offering in high voltage technologies, a market segment with robust demand fundamentals but one in which we did not previously specialise."

Author
Tom Austin-Morgan

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