Hitachi Energy to buy Canadian transformer materials supplier Canduct
Business deals
Deal aims to capture power grid infrastructure demand from North American data centers
Hitachi purchased what is now Hitachi Energy from Swiss heavy electrical equipment manufacturer ABB in 2020. (Photo by Nanami Sato)
TOKYO — Hitachi Energy plans to acquire Canduct, a Canadian supplier of transformer materials and parts, as the Japanese power grid company moves to secure North American production capacity.
