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Hitachi Energy bolsters the regional transformer market with strategic investment in North America

Newswire.ca - Wed Jun 17, 8:41AM CDT

Announces signing of definitive agreement to acquire Canduct, a leading manufacturer of transformer insulation kits and components

ZURICH, June 17, 2026 /CNW/ -- Hitachi Energy, a global leader in electrification, today announced a major expansion of its North American transformer insulation business through signing a definitive agreement to acquire Canduct Group. The investment addresses a critical 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.

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