Dry-type transformers and inductors complement portfolio and expand application spectrum
Zurich, Switzerland, Oct. 3, 2011 – ABB, the leading power and automation technology group, today announced that it has completed its acquisition of the Trasfor 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.
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 130,000 people.
Other News:
ABB Completes Acquisition of the Trasfor Group
Timken and United Steelworkers of America Local 1123 Begin Early Contract Discussions
BSA Highlights Bearing Briefs on Installation and Mounting Tools
BSA Welcomes Record Number of Attendees to 2011 Fall Meeting
Federal-Mogul Constructs New World-Class Brake Friction Manufacturing Plant in India
Boca Bearings Company Releases 2011 Stock List Supplement
Transformation of Schaeffler GmbH into a stock corporation
ABB wins $26 million power products order in Norway