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ABB to acquire U.S. transformer company Kuhlman Electric Corporation
(04/08/2008)

ABB has signed an agreement to acquire U.S. transformer company Kuhlman Electric Corporation 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 wide 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 ... [more]

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