On March 13, 2015, CUI Global, a platform company dedicated to the acquisition, development, and commercialization of new, innovative products, acquired Tectrol, a leading designer and manufacturer of standard and custom power solutions in Canada.

The acquisition of Tectrol by CUI Global aligns with its strategic vision of expanding its product portfolio and strengthening its position in the power solutions market. The combined expertise and resources of CUI Global and Tectrol will enable the integrated company to provide customers with a broader range of power solutions, enhanced design and manufacturing capabilities, and improved operational efficiencies. The acquisition further strengthens CUI Global's position as a leader in the power solutions market, driving innovation and delivering value to its clients worldwide.