WEG announced the acquisition of the high voltage transformers, mini substations, molded circuit breakers manufacturing business and related services from TSS Transformers (Pty) Ltd ("TSS"), a company based in Heidelberg (Gauteng), South Africa.
Founded in 1994, TSS initially performed transformers maintenance and repair services, later evolving into manufacturing power transformers up to 40 MVA - 145 kV, mini substations and molded circuit breakers. The company manufacturing assets are located near Johannesburg, with 45,000 square meters total area.
This is WEG’s second acquisition in the South African transformer market. In 2013, WEG acquired the transformers mini substations manufacturing business from Hawker Siddeley Electric Africa (Pty) Ltd. ("HST"), creating the WEG Transformers Africa (Pty) Ltd. Subsidiary.
According Mr. Carlos Prinz, WEG Transmission & Distribution Managing Director, "this acquisition strengthens WEGÂ´s position, allowing us to expand both in South Africa and in other African countries with an integrated, competitive solution, with shorter lead times and local manufacturing capabilities that few manufacturers in the country can offer. The industrial unit in Heidelberg is modern and expansion can be modular."