Subscribe to our news alert.
- Successful sale improves balance sheet and reduces operating risk
- Proceeds to be used to reduce company debt by € 5 million through a pro rata tender offer to bondholders
- Remaining uses of funds will be invested in core growth activities in critical power
- Management affirms guidance and positive outlook for 2016
AEG Power Solutions, a global provider of power supply solutions and service for critical infrastructure, has strengthened its management team with the appointments of Dr. Christian Roth, as Chief Operating Officer (COO), Keiran Coulton as VP & General Manager Global Affiliates Sales and Roger de Vries as Chief Financial Officer of the Group.
