Areva T&D; acquires Vamp

• 14 years ago (2010-01-06)
• David Flin

North America 1004

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Areva’s Transmission and Distribution division and the main shareholder of Vamp, the Finnish-based specialist in arc protection and protection relays, announced that they have signed an agreement for Areva T&D to acquire Vamp.

Vamp’s protection relays are used in a number of applications from industrial to distribution power systems and power plants. Areva T&D believes that this acquisition will give it a substantial market share in Nordic countries. The acquisition is also expected to enable Areva T&D to add new features and to complement its existing portfolio of protection relays.

Errki Raunio, Chairman of the Board of Vamp, said: “By joining Areva T&D, Vamp sales network will expand, enabling our organisation to grow stronger and continue to invest in product development.”