Tamura completes acquisition of 80% stake in EMG Power Electric
Bitget2026/10/29 23:40- Tamura completed its acquisition of an 80% stake in EMG Power Electric through subsidiary Tamura-Europe on October 29, 2026.
- EMG will serve as a core center for medium-voltage dry-type transformer technology, strengthening the group's position in higher-value markets.
- Marco Puliti was appointed EMG's director and CEO; co-founder Filippo Galastri will continue in operational leadership as managing director.
- EMG's earnings are expected to be consolidated from the fourth quarter of the fiscal year ending March 31, 2027.
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