Cooper Industries PLC, Dublin, Ireland, announced the acquisition of Martek Power, Torrance, Calif., a manufacturer of power electronic components, for about $187 million, including the assumption of some debt. Martek manufactures specialized power management devices for the military, heavy-duty transportation, aerospace, medical, telecom and electric vehicle markets. It will become part of the Cooper Bussmann division.
The addition of Martek will extend Bussmann’s involvement into ke
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