MONTREAL - ABB has acquired the assets of the manufacturing and industrial contracting units of RAFFIN ELECTRIC CO. of Calgary. Raffin supplies custom pre-manufactured power distribution centres and other electrical distribution equipment suitable for use in harsh outdoor environments.
Raffin (www.raffin.ab.ca) employs about 65 people and generates over Cdn$20 million in annual revenues. The acquisition will be integrated into ABB's power products for medium voltage business, and will continue to operate as a dedicated site in Calgary.
Comments