# TMC Transformers acquires Power Transformers division of RITZ Instrument Transformers

TMC Transformers S.p.A. has acquired the Power Transformers division of RITZ Instrument Transformers GmbH, expanding its range of special transformers. A cooperation and commercial agreement with RITZ Group was also signed.

- Type: Acquisition
- Announced: 2021-06-22
- Where: Germany
- Status: announced
- Products: power transformers, instrument transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Ritz Instrument Transformers](https://endata.com/companies/34041.md) (target)
- [TMC Transformers](https://endata.com/companies/43564.md) (acquirer)

## Sources

- [tmctransformers.com](https://www.tmctransformers.com/news/transformers-ritz-instrument-transformer), 2021-06-21: "This important strategic investment will enable TMC to expand its range of special transformers; meet the demands of rapidly-growing markets and applications."

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