3W Power SA
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Publicatie datum
12 aug 2009 - 16:22
Statutaire naam
3W Power SA
Titel
Germany1 acquires AEG Power Solutions
Bericht
FOR IMMEDIATE RELEASE:
Germany1 acquires AEG Power Solutions
Guernsey – August 12, 2009 – Germany1 Acquisition Limited (Euronext: GAL1S, “Germany1”), a special purpose acquisition company (“SPAC”), announced today that its shareholders have approved all of the proposals in connection with the acquisition of AEG Power Solutions (“AEG PS”) during the Annual General Meeting of Shareholders which was held earlier today. Germany1 anticipates the acquisition to close by 7 September 2009 (the “Closing Date”). The Germany1/AEG PS Board of Directors will consist of Executive Members Bruce Brock and Robert Huljak and Non executive Members Prof. Roland Berger as Chairman, Prof. Mark Wössner, Timothy Collins, Leonhard Fischer and Keith Corbin.
About AEG Power Solutions
Since its creation more than 60 years ago, AEG PS has stood for rugged reliability and world-class engineering. Today, AEG PS is a power supply provider offering one of the world’s most comprehensive portfolios of premium power supply systems and solutions. The company employs 1,600 people in 16 countries, including more than 160 service and installation engineers to provide comprehensive customer support and service. Renowned for engineering excellence, AEG PS holds more than 70 active patents in power conversion and benefits from more than a half century of expertise.
In addition to standard and customized UPS, the AEG PS range of industrial products and services includes DC systems for industrial applications, UPS for IT, industrial chargers, premium power controllers for high-tech industry applications, railway solutions and solar inverters. The company’s Harmer & Simmons telecom division provides world-class customized and standard converters as well as modular DC systems for telecom.
Inquiries to Germany1: Inquiries to AEG Power Solutions:
Jeff Casper Claire Pairault, Director Communications
jcasper@gal1.de claire.pairault@aegps.com
Tel: +44 207 259 8557 Tel: +33 1 55 51 10 76
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