ABB acquires Brazilian distribution transformer company

ABB to fuel growth in its power distribution business in the Latin American market

Plans technology upgrades to serve growing Latin American market

    Zurich, Switzerland, May 04, 2000 – ABB, the global technology company, said today it is purchasing MEGA Transformadores S.A. (MEGA), a leading supplier of distribution transformers in Brazil. ABB said it plans to quickly introduce new technology into the company, aimed at fuelling growth in its power distribution business in the dynamic privatizing Latin American market. The company did not release the value of the acquisition.

    MEGA employs around 180 people and is based in Blumenau, in southern Brazil. The company supplies a wide range of oil-insulated and dry distribution transformers and has a strong position in the South American market.

    ABB plans to introduce its worldwide Internet-based quotation and order handling system to the company. The Web-based technology will be connected to new equipment and reduce total cycle times from several months to just over two weeks. ABB will also introduce new dry-type vacuum cast transformer technology to the plant to supply the whole Latin American region.

    The acquisition of MEGA is in line with ABB’s strategy to build its local presence in rapidly deregulating and privatizing electricity markets. ABB recently acquired a major industrial service provider in Brazil and an oil and gas equipment supplier in Argentina. ABB now employs more than 10,000 people in Latin America.

    The ABB Group serves customers in power transmission and distribution; automation; oil, gas, and petrochemicals; building technologies; and in financial services. With novel IT applications, tailored software solutions, growing eBusiness and a fast-expanding knowledge and service base, ABB is building links to the new economy. The ABB Group employs about 165,000 people in more than 100 countries.

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    Contact us

    • John Fox
      ABB Corporate Communications, Zurich
      Tel: +41 1 317 7371
      Fax: +41 1 317 7958
    • Carlos Roberto Hohl
      ABB Brazil, Osasco
      Tel. +55 11 7088 9811
      Fax +55 11 7088 9993
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