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In 1998, Generac sold its portable products division to the Beacon group, a private equity firm, who later sold it to Briggs & Stratton Corporation. Upon expiration of a non-compete agreement related to the sale in 2007, Generac re-entered the portable generator market in 2008. [7] In late 2006, Generac was purchased by CCMP Capital of New York ...
In 2000, [4] the company acquired its consumer generator business from the Beacon Group and formed Briggs & Stratton Power Products. The Beacon Group had previously purchased the Consumer Products Division of Generac Corporation (now Generac Power Systems ) in 1998.
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Thermoelectric generators are primarily used as remote and off-grid power generators for unmanned sites. They are the most reliable power generator in such situations as they do not have moving parts (thus virtually maintenance-free), work day and night, perform under all weather conditions and can work without battery backup.
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