History

AEG (Allgemeine Elektricitätz-Gesellschaft) was founded in 1887 by Emil Rathenau as a direct competitor to the US based, General Electric but soon diversified into pioneering work on AC transmission systems. AEG expanded rapidly always leading the world in innovation and delivering solutions to the particular technological challenges of the time. In 1947, AEG Power Solutions established itself anew as a leader in the technological fields of power interfaces to the electrical grid, where it continues to excel to this day.

Heritage

1883

Emil Rathenau founds DEG

Berlin engineer Emil Rathenau acquires the Edison patents for Germany and creates the Deutsche Edison-Gesellschaft (DEG) (German Edison Company).


1887

AEG brand name is born

DEG is renamed Allgemeine Electricitäts Gesellschaft (engl.: General Electric Company) – the AEG brand is born.


1918

SAFT S.A. founded in France

Société des Accumulateurs Fixes et de Traction (Saft S.A.) is founded in France by two Swiss electrochemists to manufacture and distribute nickel-based batteries for industrial applications and storehouse trolleys.


1927

Harmer & Simmons

Establishment of Harmer & Simmons in the UK. Initially manufacturing sound amplifiers, the company soon becomes a telecom power supply expert.


1928

Aquisition of SAFT

Acquisition of Saft by Compagnie Générale d’Electricité (which later became Alcatel)


1945

Foundation of AEG site in Germany

Creation of an AEG production facility and R&D center in Warstein-Belecke, Germany.


1947

Battery chargers & power systems by SAFT

Saft expands its product portfolio with a range of innovative battery chargers and power systems: Saft Power Systems is created.


Combination of Expertise

1992

Acquisition of NIFE Group

Saft Power Systems strengthens its international presence and broadens its product portfolio with the acquisition of NIFE Group in Sweden.


1998

Acquisition of AEG Power Supply Systems

Saft Power Systems acquires AEG SVS Power Supply Systems GmbH in Germany reinforcing its UPS systems product portfolio and its position in Germany and Eastern Europe.


2002

Merger of Saft Power Systems and Alcatel Converters

Merger of Saft Power Systems and Alcatel Converters to form Saft Power Systems Group; this new world leader in power conversion is a division of Alcatel.


2005

SAFT Power Systems Group acquired by Ripplewood Holdings

Saft Power Systems Group is acquired by private equity firm, Ripplewood Holdings, consisting of three units: Saft Power Systems, AEG Power Supply Systems and Harmer & Simmons.


Securing power to protect business, people and assets

2008

Group Renaming into AEG Power Solutions

The group is renamed AEG Power Solutions.


2014

Business Refocus

As the solar market commoditized, AEG Power Solutions starts its transformation process and refocuses its core operations on industrial UPS, and high-quality service with a customer centric organization.


2018

Securing power means ensuring business continuity of our customers

AEG Power Solutions finalizes its transformation process and becomes a private company again. The company expertise is called up to continuously offering adapted power solutions to demanding industrial markets, making them available in lighter version for commercial applications, and is leveraged to engineer and deliver solutions for energy storage applications.