XP Power has followed a clear and consistent dual track strategy of moving up the value chain through its internally developed products and adding complementary products through acquisitions to target key accounts where we can add genuine value.
The key elements of our strategy are as follows and are derived from our vision:
Develop a market leading range of competitive products
Target accounts where we can add value
Vertical penetration of focus accounts
Build a global supply chain which balances high efficiency with market leading customer responsiveness
Lead our industry on environmental matters
Make selective acquisitions of complementary businesses to expand our product offering
Read more about our strategy and our plans for the year ahead in our Annual Report and how this intrinsically links to Our Values.