MR acquires Atlantic Transformer Services Inc.
Germany, Regensburg: German power engineering company Maschinenfabrik Reinhausen (MR) has acquired a majority holding in the US service company Atlantic Transformer Services (ATS) in Bayville, New Jersey.
Germany, Regensburg: German power engineering company Maschinenfabrik Reinhausen (MR) has acquired a majority holding in the US service company Atlantic Transformer Services (ATS) in Bayville, New Jersey.
The main line of business of ATS is transformer installation and service work, and its shareholding is in line with MR’s global asset management strategy, states MR in the news announcement.
This acquisition is a key addition to MR’s service portfolio in North America and it will enable MR to further develop its transformer services in the USA.
#acquisition#Atlantic Transformer Services#ATS#Germany#majority holding#Maschinenfabrik Reinhausen #Maschinenfabrik Reinhausen#MR#power transformer #power transformer#Regensburg