Integrated Power Services (IPS) has acquired Surplec, a Canadian industry leader in managing and remanufacturing surplus medium and high-voltage transformers.

With three locations across Quebec, Ontario, and Alberta, Surplec provides a range of services, including transformer sales, repairs, leases, technical field services, and engineering. This acquisition strengthens IPS's power management and remanufacturing capabilities, complementing their previous acquisitions and enabling further expansion in Canada. IPS President & CEO, John Zuleger, expressed the importance of Surplec's expertise in transformer services, which are in high demand due to energy generation changes and grid updates. The acquisition allows IPS to address reliability challenges and provide comprehensive solutions to customers.

Surplec's founder and owner, Mario Lambert, highlighted the recycling and reuse model the company has developed for transformers, which has garnered a strong reputation in the Canadian industry. Lambert expressed his pride in the acquisition, stating that it would consolidate their strengths in Quebec and accelerate their planned expansions across Canada. The combination of IPS and Surplec brings optimism for future projects and growth opportunities.

Headquartered in Greenville, South Carolina, IPS is a leading provider of power management, electromechanical, and rotating equipment processes in North America. With a vast network of service centers, distribution centers, and field service offices, IPS serves over 13,000 customer locations across various industries, revolutionizing reliability for their clients. For more information on IPS or Surplec, or to arrange an interview with IPS senior management, please contact Megan Thompson, IPS Director of Marketing.

The acquisition of Surplec by IPS expands their power management capabilities and strengthens their position as a solution provider for electromechanical equipment and power management systems.

Source: ips.us