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XP Power (144 views - Manufacturer & Supplier)

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.
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XP Power

XP Power

XP Power
TypePublic limited company
LSEXPP
IndustryCritical power control systems
Founded1988; 33 years ago (1988)
HeadquartersPangbourne, Reading, United Kingdom
Key people
  • James Peters (chairman)
  • Duncan Penny ( CEO)
Revenue £233.3 million (2020)[1]
£37.4 million (2020)[1]
£31.7 million (2020)[1]
Websitewww.xppowerplc.com

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]

  1. ^ a b c "Annual Results 2020" (PDF). XP Power. Retrieved 3 March 2021.
  2. ^ "XP Power". Sharescope. Retrieved 6 March 2020.
  3. ^ "XP Power eyes new acquisition push". Shares Magazine. 3 May 2018. Retrieved 6 March 2020.
  4. ^ "XP Power's Glassman acquisition looks very clever". Shares Magazine. 17 May 2018. Retrieved 6 March 2020.
  5. ^ "FTSE UK Index Series - Quarterly Review March 2020". 4 March 2020. Retrieved 6 March 2002.
  6. ^ "Vietnam offers companies China alternative". Financial Times. 14 March 2012. Retrieved 6 March 2002.


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Manufacturer & Supplier

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