- Acquisition will enhance Prolec GE’s position as a key player in the growing power transformer market in the Americas
- Strong operating assets that bring complementary product offering and talent to Prolec GE
- Expected to close during the second half of 2021
MONTERREY, N.L., MEXICO, June 9, 2021 — GE-Prolec Transformers, Inc., (together with its affiliates, “Prolec GE”), a subsidiary of a 50/50 joint venture between GE (NYSE:GE) and Xignux, a Mexico-based private company, today announced it has signed a definitive agreement
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