# 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.

- Type: Acquisition
- Announced: 2020-01-09
- Where: São Paulo, Brazil, Brazil
- Jobs: 250
- Status: announced
- Products: industrial automation systems, MES software, IIoT solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [WEG](https://endata.com/companies/1550.md) (acquirer)
- [PPI-Multitask](https://endata.com/companies/44406.md) (target)
- [Transformadores e Serviços de Energia das Américas S.A.](https://endata.com/companies/44566.md) (target)

## Sources

- [convertronic.net](https://www.convertronic.net/en/news/current-events-2/weg-signs-an-agreement-to-acquire-51-of-the-share-capital-of-ppi-multitask.html), 2020-01-09: "WEG has announced an agreement to acquire control of the PPI-Multitask group, specializing in Industrial Automation Systems Integration."
- [weg.net](https://www.weg.net/institutional/MA/en/news/result-and-investiments/weg-acquires-a-transformer-plant-in-brazil), 2020-01-16: "the acquisition of this factory allows WEG to enjoy a privileged position to meet the major infrastructure investments that are expected to be implemented in the American continent for the coming years"
- [weg.net](https://www.weg.net/institutional/TR/en/news/result-and-investiments/weg-acquires-a-transformer-plant-in-brazil), 2020-01-16: "WEG announced the signing of an agreement with Transformadores e Serviços de Energia das Américas S.A. (“TSEA”) for the acquisition of one of its transformer factories located in the city of Betim, State of Minas Gerais, Brazil."
- [powertransformernews.com](https://www.powertransformernews.com/2020/02/05/weg-acquires-transformer-plant/), 2020-02-05: "The acquisition of this factory allows WEG to enjoy a privileged position to meet the major infrastructure investments that are expected to be implemented in the American continent for the coming years."
- [transformers-magazine.com](https://transformers-magazine.com/tm-news/weg-acquires-a-transformer-factory/), 2020-02-06: "The acquisition of the Betim plant leaves WEG in a privileged position to meet the important investments in infrastructure that should occur in the Americas in the coming years."

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