ABB, the leading power and automation technology group, today announced that it has completed its acquisition of the Trasformer Group.

Trasfor is a leading producer of dry-type transformers and inductors for low-voltage and medium-voltage applications. The company makes specialty products for drives, railway rolling stock, offshore wind power and other renewable energy based power generation as well as a range of industries such as marine, oil and gas.

The acquisition strengthens ABB's transformer business, broadens the customer offering and extends the company’s market presence. Trasfor’s product range complements ABB's transformer portfolio and offers scope for synergies and growth.

Source from Yourtransformernews.

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