G&W Electric acquires Tozzi Electrical Equipment from Tozzi Holding.

G&W Electric, one of the main American groups active in the production of innovative systems and products for the energy sector, acquires Tozzi Electrical Equipment, which designs, manufactures and sells medium voltage electrical equipment, electrical panels and prefabricated mobile cabins in medium and low voltage with innovative and sustainable technical solutions, from Tozzi Holding. Financial terms were not disclosed. "We are very satisfied with the agreement reached with G&W Electric, a group we have known and esteemed for many years, because we are sure that under their leadership the activities of Tozzi Electrical Equipment will be able to develop significantly in Europe thanks to the integration of professionalism and unique products into an increasingly competitive sector. I would like to thank all our employees for the commendable commitment and dedication they have shown over the years, without which the company could not have become one of the most innovative companies in its sector." Andrea Tozzi, Tozzi Group CEO.