The acquisition will give Hammond Power design and manufacturing capabilities in cast coil transformer technology and a platform for expansion into the European market.

Hammond said that the acquisition further strengthens its transformer brands, provides increased manufacturing capacity and advances its business hedging strategies.

Euroelettro designs and manufactures standard and custom dry type distribution, cast coil and power transformers.

Hammond Power is a manufacturer of dry-type custom electrical engineered magnetics and standard electrical dry-type transformers.