Ontario-based transformer manufacturer Hammond Power Solutions last week completed the acquisition of Marnate Trasformatori s.r.l. in Italy, acquiring a 100% equity ownership of its business. The company will operate as Marnate Trasformatori s.r.l., a subsidiary of HPS. Bill Hammond, CEO, Hammond Power Solutions Inc. stated, “This company will not only expand HPS’ European presence, it also broadens our product offering and manufacturing capabilities in cast resin technology ...
Subscribe for access to premium content on electricalmarketing.com
Electrical Marketing is the electrical industry’s best source for breaking news and the inside scoop on new market opportunities, industry execs on the move, market analysis and other news you need to run your business. In minutes, you can subscribe to our premium content online.
"Hammond Power Solutions buys Italian transformer company" is part of our Premium Access Content subscription. You need to subscribe to gain access to Premium Access Content.