Active Power to become a stand-alone company
Austin, TX, December 23, 2019.
Active Power, the Texas based flywheel UPS manufacturer acquired by the German Piller Group GmbH in November 2016, is to become a stand-alone company from January 1st, 2020.
Active Power Inc. will begin trading on January 1st, 2020 and serve the North American market directly from its Austin TX headquarters and manufacturing plant. Hitherto, North American sales and service were managed by Piller Power Systems Inc. out of Middletown NY.
Overseas sales and service will continue to be handled by Piller subsidiaries in Germany, the United Kingdom, France, Spain, Italy, India, China, Singapore and Australia and by Piller distributors in other countries.
Charlotte Langley, CEO of the newly formed Active Power Inc:
“The move to a separate legal entity marks another milestone in Active Power’s evolution. By establishing Active Power Inc. as a stand-alone business within the Piller group, an important step has been taken to better serve our customers and to develop the Active Power brand, both in the US and globally.”
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Active Power Active Power designs and manufactures battery-free flywheel uninterruptible power supply (UPS) systems and energy storage products for mission-critical power applications worldwide from its headquarters and manufacturing plant in Austin, TX. Active Power was founded in 1996 and became listed on the NASDAQ in 2001. In November 2016 the business was acquired by the German power protection specialist Piller Group GmbH, a division of the UK engineering and industrial group, Langley Holdings plc.