XP Power
| File:XP Power new logo.png | |
| Company type | Public limited company |
|---|---|
| LSE: XPP | |
| Industry | Critical power control systems |
| Founded | 1988 |
| Headquarters | Tai Seng, Singapore |
Key people |
|
| Revenue |  £247.3 million (2024)[1] |
| £25.1 million (2024)[1] | |
| £(9.4) million (2024)[1] | |
| Website | www |
XP Power is a manufacturer and supplier of critical power control systems. It also handles the design, development and support of power control systems. It is listed on the London Stock Exchange.
History
[edit | edit source]The company was founded by James Peters in 1988.[2] It was the subject of an initial public offer on the London Stock Exchange in 2000 and went on to acquire Emco, a US-based power supplies business, for $12 million in November 2015, and Comdel, another US-based power supplies business, for $23 million purchase in October 2017.[3] It also bought Glassman, a US-based supplier of higher-voltage power supplies equipment, for £32 million in May 2018.[4]
The company acquired FuG Elektronik GmbH, and Guth High Voltage GmbH in Germany for about €39 million in January 2022.[5]
Operations
[edit | edit source]The company has manufacturing facilities at Kunshan in China and at Ho Chi Minh City in Vietnam.[6]
References
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