ABB, Zurich, Switzerland, will acquire U.S. transformer company Kuhman Electric Corp. for an undisclosed amount from global private equity firm The Carlyle Group to expand its power products portfolio in the Americas.
Kuhlman Electric manufactures a range of high-quality transformers for the industrial and electric utility sectors. Kuhlman Electric has demonstrated a track record of profitable growth with double-digit annual sales growth over the past five years. In 2007, the company
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