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Hitachi Energy to acquire Ontario’s Canduct Group

Hitachi Energy has signed a definitive agreement to acquire Canduct Group, a manufacturer of transformer insulation kits and components based in London, Ont. This acquisition is expected to close at the beginning of 2026’s third quarter, and marks a notable expansion to Hitachi Energy’s regional insulation and components capabilities in the North American market. Founded in 1982, Canduct has supplied transformer insulation solutions to Hitachi E…

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Electrical Business broke the news on Thursday, June 18, 2026.
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