# Hitachi Energy and Arteche to form joint venture in gas-insulated instrument transformers

Hitachi Energy will acquire a minority stake in Arteche Gas Insulated Transformers S.L. to establish a joint venture in Vitoria, Spain. Arteche will hold 51% and Hitachi Energy 49%.

- Type: Acquisition
- Announced: 2021-12-20
- Where: Vitoria, Spain, Spain
- Status: announced
- Products: gas-insulated instrument transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hitachi Energy](https://endata.com/companies/15140.md) (investor)
- [Arteche](https://endata.com/companies/37692.md) (partner)

## Sources

- [hitachienergy.com](https://www.hitachienergy.com/us/en/news-and-events/press-releases/2021/12/hitachi-energy-and-arteche-sign-agreement-to-form-a-joint-venture-company-in-gas-insulated-instrument-transformers), 2021-12-20: "This agreement represents a milestone for both companies."
- [hitachienergy.com](https://www.hitachienergy.com/ca/en/news-and-events/press-releases/2021/12/hitachi-energy-and-arteche-sign-agreement-to-form-a-joint-venture-company-in-gas-insulated-instrument-transformers), 2021-12-20: "This agreement represents a milestone for both companies."

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