BRUSH acquires European transformer windings specialist Co.Bo.T
Energy engineering solutions provider BRUSH Group has acquired renowned European transformer windings specialist Co.Bo.T srl for an undisclosed sum.
Image source: BRUSH
UK, Loughborough: Energy engineering solutions provider BRUSH Group has acquired renowned European transformer windings specialist Co.Bo.T srl for an undisclosed sum.
The deal allows BRUSH to secure a vital link in its supply chain and creates extra production capacity to support the expansion of the UK electricity grid. With increasing demand for power transformers, driven by the transition to net zero, acquiring Co.Bo.T has the potential to optimise lead-times for BRUSH customers keen to connect to the grid.
Based near Vicenza in Northern Italy, Co.Bo.T supplies major transformer manufacturers across Western Europe and has built a strong reputation as a winding specialist in the 33 kV-132 kV bracket. Last year the firm invested in a major upgrade to its production line and has proven capacity to handle the entire sub-assembly manufacturing process.
Following a commitment to a multi-million-pound investment in its state-of-the-art testing facilities in Loughborough, Leicestershire, BRUSH is increasing its own in-house capabilities within final assembly and testing, ensuring its transformers continue to meet the highest standards and specifications.
Nicolas Pitrat, CEO of BRUSH Group, said: “I’m very excited to welcome Co.Bo.T to the BRUSH family. Their impressive skills and expertise will not only help boost our supply chain, but in joining the Group they will further enhance our comprehensive solutions offering, ensuring we can support our customers every step of the way.”
Davide Cornale, Managing Director of Co.Bo.T, said: “Having worked as a key supplier to BRUSH for many years, we are delighted to have the opportunity to become part of the Group. I am proud of what we have achieved over the past 30 years and the deal with BRUSH is a testament to the team’s expertise, the quality of our work and the high level of service we offer.”
As part of BRUSH Group, Co.Bo.T will remain a standalone business, continuing to offer its winding and assembly services. The firm employs a 40-strong team of skilled and knowledgeable people, all of whom will be retained. For Co.Bo.T’s existing customers, all contracts will be honoured under the new ownership.
The acquisition of Co.Bo.T is the latest in a series of deals made by BRUSH in recent years in line with its growth strategy which reinforces its position as a leading provider of energy management solutions.
Source: BRUSH