Hitachi Energy to acquire Canduct Group for transformer insulation

Hitachi Energy announced a definitive agreement to acquire Canduct Group, a Canadian manufacturer of transformer insulation kits and components, to expand its North American transformer insulation business.

“Hitachi Energy is strengthening its leadership in transformer insulation through this strategic expansion in North America.”hitachi.com

• 2 sources
• hitachi.comHitachi Energy bolsters the regional transformer market with strategic investment in North America : Hitachi GlobalJun 17, 2026
• asia.nikkei.comHitachi Energy to buy Canadian transformer materials supplier Canduct - Nikkei AsiaHIDEAKI RYUGENJun 18, 2026

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