Announced
Completed
Synopsis
PBE Group, a provider of electronic safety products, data & communication infrastructure and electrical power systems, completed the acquisition of Advanced Diesel Engineering, a manufacturer and supplier of diesel generators and power generation systems. Financial terms were not disclosed. “ADE already has a fantastic manufacturing and supply business model, a really diverse portfolio and a really strong reputation for being a trusted provider of critical power solutions in the UK, which we are proud to be a part of. This investment will really help to amplify the great things they are known for on an international level," Stuart Champion de Crespigny, PBE CEO.
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