LONDON, UK: Solid State (AIM:SOLI), the specialist value added component supplier and design-in manufacturer of computing, power and communications products, completed the acquisition of Custom Power LLC., the battery systems and energy solutions provider based near Los Angeles in the United States.
Gary Marsh, Chief Executive of Solid State, said: “We are delighted to have completed the transformational acquisition of Custom Power LLc, which represents a step-change in our power business.
“The newfound scale and increasingly international offering open up opportunities in specialist and growth markets driven by decarbonisation and the drive for cordless power.
“We look forward to integrating Custom Power and welcoming our new colleagues to the Solid State Group.”