Rolls-Royce Power Systems has acquired Kinolt, a Belgian designer of UPS systems.
The company says this new buyout will expand its UPS portfolio, with Kinolt becoming part to Rolls-Royce's Power Systems business unit and its MTU product and solutions brand.
Kinolt is based out of the town of Grâce-Hollogne, Belgium, and was known as Euro-Diesel until mid-2019. The acquisition was completed on July 1 following the approval of antitrust authorities.
This latest news from Rolls Royce follows its partnership with Daimler Truck AG to co-develop data center fuel cells, back in May.
“The extraordinary times created by the Covid-19 pandemic have shown just how important it is to secure electricity supply to sensitive and critical infrastructure," Andreas Schell, CEO of Rolls-Royce Power Systems, said.
“The provision of uninterruptible power is vital in any situation and even more so today, as it ensures the provision of vital services such as medical care or the world’s continued flow of Internet traffic. Without it, no public authority or company would be able to act in any crisis. We originally signed the deal to acquire Kinolt before the full global impact of Covid-19 was apparent.
“Since then we have rigorously examined the rationale for the transaction and the opportunities it presents to our business and concluded that the arguments in favor of the acquisition are even stronger than before.”
MTU engines from Rolls-Royce are often already used within Kinolt’s solutions. The Kinolt system is connected between the external power supply system and safety-critical equipment and supplies the latter with power.
"We will integrate the products and systems of our new subsidiary into our MTU product portfolio,” Andreas Görtz, VP of Power Generation at Rolls-Royce, said.
“Our worldwide sales and service network will open up new market opportunities by offering innovative uninterruptible power solutions. This will significantly strengthen our market position in safety-critical applications."