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Germany1 acquires AEG Power Solutions

Germany1 Acquisition’s shareholders have approved all of the proposals in connection with the acquisition of AEG Power Solutions during its annual general meeting of shareholders.<

Germany1 Acquisition’s shareholders have approved all of the proposals in connection with the acquisition of AEG Power Solutions during its annual general meeting of shareholders.

Germany1 anticipates the acquisition to close by 7 September 2009.

The Germany1/AEG Power Solutions board of directors will consist of executive members Bruce Brock and Robert Huljak and non-executive members Prof. Roland Berger as chairman, Prof. Mark Wössner, Timothy Collins, Leonhard Fischer and Keith Corbin.

AEG Power Solutions is a power supply provider offering a portfolio of premium power supply systems and solutions. The company employs 1,600 people in 16 countries, including more than 160 service and installation engineers to provide comprehensive customer support and serviceIt holds more than 70 active patents in power conversion.

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