WEG acquires 51% stake in PPI-Multitask

WEG signed an agreement to acquire 51% of the share capital of PPI-Multitask, a Brazilian industrial automation systems integrator specializing in MES and IIoT software.

“WEG has announced an agreement to acquire control of the PPI-Multitask group, specializing in Industrial Automation Systems Integration.”convertronic.net

• 5 sources
• convertronic.netWEG signs an agreement to acquire 51% of the share capital of PPI-Multitask - Convertronic Electronic Magazine - Electronic News and Current AffairsJan 9, 2020
• weg.netWEG acquires a Transformer plant in BrazilJan 16, 2020
• weg.netWEG acquires a Transformer plant in Brazil | WEGJan 16, 2020
• powertransformernews.comWEG acquires transformer plant - Power Transformer NewsPatrick HaddadFeb 5, 2020
• transformers-magazine.comWEG acquires a transformer factory | Transformer MagazineFeb 6, 2020

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