HPS Completes Acquisition of Mesta Electronics, Inc.
Posted: Jul 26,2021
GUELPH, ON (July 26, 2021) - Hammond Power Solutions Inc. (“HPS”) has acquired a 100% equity ownership of Mesta Electronics Inc. (“Mesta”), a company in the United States. Mesta is involved in the design and manufacture of standard and custom active filter and induction heating products.
Bill Hammond, Chief Executive Officer of HPS stated, “We are very pleased with the Mesta acquisition. This company broadens our product offering and manufacturing capabilities in power quality solutions. Mesta has an excellent reputation in the electrical industry for its standard and engineered to order capabilities and quality.”
HPS would like to welcome the Mesta organization and look forward to our collaborative success in power quality solutions.
For more information, please contact:
Chief Financial Officer and Corporate Secretary