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Industrial M&A image Industrial M&A » By The Online Investor Staff, updated Sat., May. 30, 7:38 PM Recent mergers and acquisitions in the Industrial M&A category.

Slide #29. Power Solutions International, Inc Professional Power Products, Inc.

Acquirer: Power Solutions International, Inc (PSIX)
Acquiree: Professional Power Products, Inc.
Details: Power Solutions International, Inc. (Nasdaq:PSIX), a leader in the design, engineering and manufacture of emissions-certified alternative-fuel and conventional power systems, today announced that it acquired Professional Power Products, Inc. ("PPPI"), a leading designer and manufacturer of large, custom engineered integrated electrical power generation systems serving the global diesel and natural gas power generation market.

Power Solutions International is a producer and distributor of a power systems that primarily run on non-diesel fuels such as natural gas, propane and gasoline. Co.'s industrial power systems are used by original equipment manufacturers in a range of industries with a diversified set of applications, including, stationary electricity generators, oil and gas equipment, forklifts, aerial work platforms, industrial sweepers, arbor equipment, agricultural and turf equipment, aircraft ground support equipment, construction and irrigation equipment, and other industrial equipment. Co.'s products and services are sold predominantly to customers throughout North America, Pacific Rim and Europe.

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Company Name: 
Power Solutions International Inc (DE)
Website: 
www.psiengines.com
Sector: 
Industrial Machinery & Equipment
 

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Hold (2.50 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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