Please ensure Javascript is enabled for purposes of website accessibility
Home / Environment / Actuant purchasing Mastervolt for $149.2 million

Actuant purchasing Mastervolt for $149.2 million

MILWAUKEE (AP) — Butler, Wis.-based Actuant Corp. is buying power electronics developer and supplier Mastervolt for $149.2 million, giving it a bigger presence in the solar product market. The diversified industrial company said Tuesday that it will pay for the deal with cash on hand and a revolving credit agreement. The acquisition is expected to close within ...

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply

Your email address will not be published. Required fields are marked *