# Cade approves WEG's acquisition of TGM with behavioral remedies

Brazil's antitrust authority Cade approved WEG's acquisition of TGM, subject to behavioral commitments to prevent anti-competitive practices in the turbogenerator market. WEG is a leader in electric generators; TGM is a leader in steam turbines and turbo reducers.

- Type: Acquisition
- Announced: 2018-02-28
- Where: Brazil
- Status: announced
- Products: turbogenerators, steam turbines, turbo reducers, generators for steam turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [WEG](https://endata.com/companies/1550.md) (acquirer)
- [TGM](https://endata.com/companies/20776.md) (target)

## Sources

- [gov.br](https://www.gov.br/cade/pt-br/assuntos/noticias/cade-aprova-aquisicao-da-tgm-pela-weg-com-restricoes), 2018-02-28: "O Conselho Administrativo de Defesa Econômica (Cade) aprovou, nesta quarta-feira (28/02), a aquisição da TGM pela WEG."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
