Powerstax acquires Essex-based DP Energy
Powerstax is to acquire DP Energy Services, a transformer rectifier and transformer designer and manufacturer based in Wickford, Essex.
The acquisition moves Powerstax’s target markets into higher power sectors and environmental markets.
DP Energy specialises in the design and manufacture of automatic transformer rectifier systems up to 500kVA and beyond.
The systems can be oil, air or water cooled and can be sealed up to IP65 if the environment dictates.
“We have a long standing relationship with DP Energy and have worked closely together on a number of major projects,” said Tim Worley, CEO for Powerstax.
The markets served by DP Energy include Marine, Offshore, Cathodic Protection, Water Treatment (Electrochlorination), Electrochemical and Plating, Medical, Aerospace, Military equipment including Frequency Converters and Aircraft Ground Support and many others.
“The acquisition of DP Energy is part of an on-going strategy to develop new markets and widen our technology base,” said Worley.
According to Worley, the acquisition will allow “the pooling of engineering resources to continue to develop current products and extend the technology into exciting new product sectors”.
Design and manufacturing of DP Energy products will continue to take place in the existing facility and customer-site repair or refurbishment of systems will continue to be available.
It is intended that post-acquisition, DP Energy products will be sold by Powerstax into Europe and North America as currently they are only sold in the UK.