Tag Archives: teleflex

Fuel Systems Solutions (FSYS) Diversifies With Purchase of Teleflex Power Systems Unit

Yesterday, Fuel Systems Solutions (FSYS) got a bit more diversified with the purchase of the Power Systems unit of Teleflex for $14.5 million which includes industrial and transportation alternative fuel components and systems and auxiliary power systems.  The deal is expected to close this quarter and begin contributing to earnings next year. 

The Power Systems segment is comprised of 3 business units:

Idle Reduction & Power Management manufactures products to increase efficiency and reduce carbon … Read the rest