WEG acquires CG Power USA Inc's power and distribution transformer business

WEG has announced the acquisition of CG Power USA Inc., a power and distribution transformer manufacturer located in Washington, Missouri, USA. The transaction is limited to the Power and Distribution Transformers business.

“CG has a relevant market share in transformers for wind sites and solar farms in the USA.”factoryandhandlingsolutions.co.uk

• 1 source
• factoryandhandlingsolutions.co.ukWEG announces acquisition of power and distribution transformer specialist CG Power USA Inc - Factory & Handling SolutionsdougwOct 17, 2019

Summarized from public sources; check the original articles before acting on it.