Energy giant Hitachi buys 300-worker London company, eyes growth here

Energy giant Hitachi buys 300-worker London company, eyes growth here

Looking to feed the growing energy demand across North America, Hitachi has bought a London business with a pledge to grow its footprint here.

Hitachi Energy to Acquire Canduct Group – tEDmag

The investment will strengthen Hitachi's North American transformer capabilities.

Hitachi Energy announces acquisition of Canduct Group

ZURICH — Hitachi Energy announced a major expansion of its North American transformer insulation business through signing a definitive agreement to acquire Canduct Group. The investment is meant to address a bottleneck in the region’s transformer supply chain by expanding the company’s North America regional insulation and components capabilities, strengthening resilience, and accelerating the delivery of essential grid infrastructure. Hitachi E…