# FVS and Faxolif acquire Comem from Hitachi-ABB Power Grids

FVS S.G.R. S.p.A., through the Fondo Sviluppo PMI, in partnership with Faxolif Industries, acquired 100% of Comem Srl from ABB Power Grids Italy Spa (Hitachi ABB Power Grids). Comem is a manufacturer of insulators and components for power and distribution transformers.

- Type: Acquisition
- Announced: 2020-12-14
- Where: Montebello Vicentino, Italy
- Status: completed
- Products: insulators, components for power and distribution transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hitachi ABB Power Grids](https://endata.com/companies/8446.md) (partner)
- [FVS S.G.R.](https://endata.com/companies/51862.md) (acquirer)
- [Faxolif Industries](https://endata.com/companies/51863.md) (acquirer)
- [Comem](https://endata.com/companies/51864.md) (target)

## Sources

- [fvs.vercel.app](https://fvs.vercel.app/notizie/fvs-in-partnership-con-faxolif-acquisisce-il-100-di-comem-dal-gruppo-hitachi-abb-power-grids-2), 2020-12-14: "L’accordo per realizzare l’acquisizione è stato siglato recentemente e l’operazione è stata realizzata attraverso la NewCo Lion Spa."

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