Acquires majority stake in Indo Tech Transformers, Ltd.
NEW DELHI, INDIA---May 20, 2009---Prolec GE International, S. DE R.L. DE C.V. (Prolec GE) announced the acquisition of a majority of stake of Indo Tech Transformers, LTD (Indo Tech) of Chennai, India, a company that specializes in power and distribution transformers, has been completed.