Mission Critical Electronics acquires Xantrex

Author:
Publish date:

Mission Critical Electronics has acquired Xantrex Mobile Power Assets from Schneider Electric. Terms were not disclosed.

“Xantrex’s portfolio of power products, end markets, and distribution partners are highly complementary to MCE,” said Kevin Moschetti, CEO of Mission Critical Electronics in a statement. “The synergies that exist between our companies will provide more value for end-users, original equipment manufacturers, and distribution partners. Most importantly, I am excited about the new growth platforms available.”

Mission Critical Electronics designs, manufactures, and distributes electronic power products for emergency and specialty vehicles, marine, public safety, wireless networks, industrial power, mobile communications, and mobile computing.

MCE sells its products under the Kussmaul Electronics, Newmar Power, ASEA Power Systems, Power Products, and American Battery Charging brands. The company is headquartered in Huntington Beach, California.

Related

Viking Holds Vaccination Event

The New Jersey-based builder is working with local healthcare providers to offer Covid-19 shots to employees and their families.

Bellingham to Supply Dock for Superyacht Marina

Bellingham Marine will design and install a floating concrete dock system at Hurricane Hole Superyacht Marina in the Bahamas.

Off the Charts

Even as builders faced order backlogs and product shortages, registrations continued to soar in March.

Maverick Boat Group Expands

The Florida-based builder plans to increase production capacity by 30 percent and add 150 new jobs.

Polaris Names CEO and CFO

Previously interim executives, Michael Speetzen was named the CEO and Bob Mack the CFO of the Minnesota-based powersports company.

Sanlorenzo Reports Q1 Financials

The Italian builder continues to gain market share and expects to debut five models at Cannes in September and launch three new lines in 2022.