WEG acquires a transformer factory

WEG SA announces that it has entered into an agreement with TSEA for the acquisition of one of its transformer plants, located in Betim, Minas Gerais, in Brazil.

Toshiba sells its South American T&D business

Japan, Tokyo: Toshiba Corporation has decided to transfer all outstanding shares of Toshiba South America Ltda. (TSAL), Toshiba’s consolidated subsidiary in Brazil, to TSEA PARTICIPACOES S.A. (TSEA).