# PTI Holdings acquires Winnipeg transformer operations from CG Power Systems

PTI Holdings Corporation, parent of PTI, acquired the Winnipeg transformer manufacturing operations formerly owned by CG Power Systems Canada, Pauwels Canada and Federal Pioneer Limited. The acquisition doubles PTI's capacity and expands manufacturing capabilities to 600MVA and 525kV.

- Type: Acquisition
- Announced: 2018-12-06
- Where: Winnipeg, Manitoba, Canada
- Status: completed
- Capacity: 600MVA and 525kV
- Products: power transformers, mobile substations
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [PTI](https://endata.com/companies/30985.md) (acquirer)
- [CG Power Systems Canada](https://endata.com/companies/35929.md) (target)

## Sources

- [ptitransformers.com](https://ptitransformers.com/2018/12/06/pti-repatriating-transformer-technology-to-north-america/), 2018-12-06: "The acquisition of the Power Transformer Operations in Winnipeg is an important step towards expanding PTI’s product and technological portfolio"

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