Advanced Energy Industries signs distribution deal in Germany

FORT COLLINS — Advanced Energy Industries, Inc. (Nasdaq: AEIS) has signed an agreement to sell products in central Europe through a German distributor.

In a press release, the Fort Collins-based semiconductor said it now stocks its Ultimod, CoolX and Xsolo power supply lines with EMTRON electronic GmbH in Nauheim, Germany.

In an emailed statement, Greg Provenzano, senior vice president of industrial technology at Advanced Energy, said the company already sells directly in Germany and Switzerland and sells through distributors in Austria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia and Slovenia.

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Provenzano declined to say how much revenue or sales growth the company expects from the deal, but said Germany is the company’s largest market country in Europe.