PowerVolt acquires PREM Magnetics Line of Standard Power Transformers
(Addison, IL, USA) – PowerVolt, a leading supplier of power transformers and linear DC power supplies, is pleased to announce the acquisition of PREM Magnetics Standard Power Transformers. The acquisition includes product series SLP, SPW, SPWC, CSLP, SPHV and SPHE.
“PowerVolt’s acquisition of PREM’s Magnetics Standard Power Transformers is a strategic fit for our continued growth and global expansion” says Brij Sharma, CEO at PowerVolt, Inc.
PowerVolt will continue to deliver on our mission to be the highest quality and most cost-effective supplier to our customers. We will leverage our global supply chain to ensure reliable supply of quality products at the best possible prices to our customers. Operations will continue in Addison, Illinois with multiple manufacturing nodes.
