The company said that the acquisition will give it design and manufacturing capabilities in cast coil technology and a platform for expansion into the European market.
Hammond Power CEO Bill Hammond said that the addition of cast coil designs to Hammond’s already broad dry transformer product offering will help the company grow even more in North America as well as in other global markets.
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.