# Arteche acquires all shares of Turkish energy company Esitas

Spanish energy technology company Arteche has acquired all shares of Turkish company Esitas Elektrik Sanayi ve Ticaret Anonim Sirketi, which produces medium and low voltage measurement transformers in Turkey and Indonesia. The transaction value was not disclosed.

- Type: Acquisition
- Announced: 2021-07-09
- Where: Türkiye
- Status: completed
- Products: measurement transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Arteche](https://endata.com/companies/37692.md) (acquirer)
- [Esitas Elektrik Sanayi ve Ticaret Anonim Sirketi](https://endata.com/companies/56383.md) (target)

## Sources

- [negocios.com](https://www.negocios.com/actualidad/arteche-compra-todas-las-acciones-de-la-energetica-turca-esitas/20210709173336379239.html), 2021-07-09: "Esta operación forma parte de la estrategia de crecimiento inorgánico de Arteche, definida en su Plan Estratégico a 2023."

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