XP Power is a manufacturer and supplier of critical power control systems. It also handles the design, development and support of power control systems. It is listed on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
.
History
The company was founded by James Peters in 1988. It was the subject of an
initial public offer on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
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. It also bought Glassman, a US-based supplier of higher-voltage power supplies equipment, for £32 million in May 2018.
The company acquired FuG Elektronik GmbH, and Guth High Voltage GmbH in Germany for about €39 million in January 2022.
Operations
The company has manufacturing facilities at
Kunshan
Kunshan is a county-level city in southeastern Jiangsu Province, Jiangsu province with Shanghai bordering its eastern border and Suzhou on its western boundary. It is under the administration of the prefecture-level city of Suzhou.
Name
Th ...
in China and at
Ho Chi Minh City
Ho Chi Minh City (HCMC) ('','' TP.HCM; ), commonly known as Saigon (; ), is the most populous city in Vietnam with a population of around 14 million in 2025.
The city's geography is defined by rivers and canals, of which the largest is Saigo ...
in Vietnam.
References
{{reflist
External links
Official site
Companies established in 1988
Companies listed on the London Stock Exchange
Companies in the FTSE SmallCap Index