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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Hitachi Energy completes acquisition of COET · Endata

◂ Announcements

Jan 10, 2024ACQUISITIONgreater Milan area, Italy

Hitachi Energy completes acquisition of COET

Hitachi Energy completed the acquisition of COET, an Italian designer and manufacturer of power equipment for electric mobility, rail, and industry, strengthening its position in high-power EV charging infrastructure and grid edge applications.

Jobs

80

Status

Completed

Productshigh-power EV charging infrastructureDC traction productsAC/DC equipment for industrial applications

CompaniesHitachi Energy acquirer COET S.p.A. target

Sectors#Electrical Equipment #Automotive Components

“The acquisition will enhance our position as a global leader in power grid technologies and energy infrastructure for eMobility, transport, and industry.”hitachi.com

2 sources
hitachi.comHitachi Energy completes the acquisition of COET [Hitachi Energy Ltd.] : Hitachi GlobalJan 10, 2024
magneticsmag.comHitachi Energy Acquires COET; Extends Transient Voltage Protection to Liquid Transformers - Magnetics MagazineEditorial StaffJan 24, 2024

Summarized from public sources; check the original articles before acting on it.

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