June 24, 2019 – Sager Electronics, a North American distributor of Interconnect, Power and Electromechanical components and provider of value-add solutions, announced it has entered into a purchase agreement to acquire Technical Power Systems (TPS), a specialist in the production of custom battery assemblies headquartered in Lisle, Illinois.
About Sager Electronics
Sager Electronics, a wholly owned subsidiary of TTI Inc., a Berkshire Hathaway Inc. company, is a North American distributor of Interconnect, Power and Electromechanical components from manufacturers worldwide and a provider of value-add solutions.
About Technical Power Systems
Technical Power Systems (TPS) specializes in the manufacture of custom batteries for a wide range of markets including Industrial/Commercial, Medical, Military, Computer, and Test Equipment, using cells including Li Ion, Li Polymer, Li FePO4, Li Primary, SLA, NiMH, NiCd as well as newer emerging technologies.