The acquisition of Megatran, located in Saint-Jean-de-Richelieu, Quebec Province, will extend AREVA T&D’s power transformer industrial footprint to North America. In turn, Megatran’s production capacity is expected to increase by 50% leading to the creation of new manufacturing and engineering jobs.
By combining AREVA T&D’s global solutions and experience with Megatran’s local manufacturing capacity, AREVA T&D has also been able to secure a long-term commercial and service agreement to become Hydro-Quebec’s supplier of power transformers up to 100MVA.
Carole Couedic, vice president of AREVA T&D’s Power Transformers Product Line, said: “AREVA T&D’s customers in Canada and Northeastern USA are looking to us to deliver innovative solutions and shorter delivery lead times for small power transformers.”
Following the integration of the company, Megatran will become a new manufacturing unit within AREVA T&D’s global Power Transformers Product Line. Peter Huber, president of Megatran, will remain a member of the new unit’s senior management team. The completion of the transaction is expected by early November, 2009.
