APS acquires transformer equipment maker UPI for 18 billion won

APS will acquire 100% of UPI, a manufacturer of automation equipment for transformer production, for 18 billion won in cash. The transaction is scheduled to close on July 31.

“UPI is South Korea's only specialized supplier of core equipment for transformer manufacturing.”thelec.net

• 1 source
• thelec.netAPS Acquires Transformer Equipment Maker UPI for 18 Billion Won < Supply Chain < 기사본문 - The Elec Inc.KIMGEONJul 7, 2026

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