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Eaton acquires controlling stake in Turkish distribution transformer manufacturer

18 Apr 2019

DUBLIN, IRELAND - Power management company Eaton announced it has completed the acquisition of an 82.275% controlling stake in Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S., a manufacturer of medium voltage electrical equipment based in Ankara, Turkey.


Established in 1985, Ulusoy Elektrik employs approximately 780 people and has manufacturing facilities in Turkey and Indonesia.

The company's products include medium-voltage distribution transformers, medium-voltage switchgear, substation kiosks, and medium-voltage cable connection systems.


Source: Eaton

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