XP Power
| File:XP Power logo.png | |
| Company type | Public limited company |
|---|---|
| LSE: XPP | |
| Industry | Critical power control systems |
| Founded | 1988 |
| Headquarters | Pangbourne, Reading, United Kingdom |
Key people |
|
| Revenue |  £233.3 million (2020)[1] |
| £37.4 million (2020)[1] | |
| £31.7 million (2020)[1] | |
| Website | www |
XP Power is a manufacturer and supplier of critical power control systems. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
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] It has been selected to join the FTSE 250 Index of leading companies in March 2020.[5]
Operations
The company has manufacturing facilities at Kunshan in China and at Ho Chi Minh City in Vietnam.[6]
References
- ^ a b c "Annual Results 2020" (PDF). XP Power. Retrieved 3 March 2021.
- ^ "XP Power". Sharescope. Retrieved 6 March 2020.
- ^ "XP Power eyes new acquisition push". Shares Magazine. 3 May 2018. Retrieved 6 March 2020.
- ^ "XP Power's Glassman acquisition looks very clever". Shares Magazine. 17 May 2018. Retrieved 6 March 2020.
- ^ "FTSE UK Index Series - Quarterly Review March 2020". 4 March 2020. Retrieved 6 March 2002.
- ^ "Vietnam offers companies China alternative". Financial Times. 14 March 2012. Retrieved 6 March 2002.