Hammond Power Solutions (TSE:HPS.A) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Hammond Power Solutions Inc., a prominent dry-type transformers and power quality solutions manufacturer, has finalized the acquisition of assets from the U.S.-based Micron Industries Corporation. The integration aims to expand HPS’s product range and reinforce its market position, especially in OEM markets, by leveraging Micron’s manufacturing capabilities to meet increasing demands for energy-efficient and automation solutions in North America.
For further insights into TSE:HPS.A stock, check out TipRanks’ Stock Analysis page.