# G&W Electric acquires sensor manufacturer Altea S.R.L.

G&W Electric has acquired Altea S.R.L., a voltage and current sensor manufacturer based in Ferrara, Italy, to expand its global reach in electrical power grid automation.

- Type: Acquisition
- Announced: 2019-08-08
- Where: Ferrara, Italy, Italy
- Status: completed
- Products: voltage sensors, current sensors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [G&W Electric](https://endata.com/companies/39509.md) (acquirer)
- [Altea S.R.L.](https://endata.com/companies/41228.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/it/comunicati-stampa/g-amp-w-electric-acquisisce-altea-s-r-l-societa-con-sede-in-italia-864389707.html), 2019-08-08: "G&W Electric Co., fornitore globale di apparecchiature per alimentazione elettrica dal 1905, ha annunciato oggi di avere acquisito Altea S.R.L., un fabbricante di sensori di tensione e corrente con sede a Ferrara, Italia."
- [prnewswire.com](https://www.prnewswire.com/news-releases/gw-electric-acquires-italy-based-company-altea-srl-300897257.html), 2019-08-08: "G&W Electric Co., a global supplier of electric power equipment since 1905, announced today it has acquired Altea S.R.L., a voltage and current sensor manufacturer headquartered in Ferrara, Italy."
- [gwelectric.com](https://www.gwelectric.com/news/gw-electric-acquires-italy-based-company-altea-s-r-l/), 2019-08-08: "G&W Electric Co., a global supplier of electric power equipment since 1905, announced today it has acquired Altea S.R.L., a voltage and current sensor manufacturer headquartered in Ferrara, Italy."
- [renewableenergyworld.com](https://www.renewableenergyworld.com/energy-business/energy-finance/g-w-electric-buys-italian-sensor-maker-altea/), 2019-08-12: "As we continue to expand our presence in markets outside North America and enhance our power grid solutions portfolio, adding Altea to the G&W Electric family makes strategic sense."

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