DULUTH, GEORGIA, US & ITAJUBÁ, BRAZIL — With a 11.800 m² manufacturing site and a workforce of 350 employees, the company is internationally recognized for its products and services technology.
WEG has recently announced that it has signed an agreement for the acquisition of Balteau Produtos Elétricos Ltda., a manufacturer of instrument transformers and measuring sets located in Itajubá, Minas Gerais State, Brazil.
Despite being considered a traditional company in its segment, with a long history of operating in Brazil, Balteau nevertheless possesses state-of-the-art equipment and facilities and a workforce of 350 employees. The company specializes in the design, manufacturing, electrical testing, and technical services of current transformers and capacitive voltage transformers up to 550 kV, inductive voltage transformers up to 145kV, and measurement sets up to 36kV, products that are currently not part of WEG’s portfolio and whose addition should be a valuable asset.
"With this acquisition, WEG will complement its position as a solution provider for energy transmission and distribution infrastructure projects and improve its scope of products and solutions related to the energy generation, transmission, and distribution (GTD) segment", said Carlos Diether Prinz, WEG Transmission & Distribution Managing Director.
Source: WEG