WEG Acquires L&S Electric's Power Controls Solutions Business for USD 11 Million
Bitget2026/10/26 12:46- WEG acquired L&S Electric's Power Controls Solutions business for USD 11 million (about BRL 55 million) on October 26, 2026.
- Based in Rothschild, Wisconsin, the business supplies governors and excitation systems for power plants, with a strong North American hydropower presence.
- The operation generated USD 9.6 million in net operating revenue in 2025.
- Its installed base exceeds 1,200 hydroelectric generating units, serving major utilities across the United States and Canada.
- The acquisition expands the group's North American power generation presence and strengthens its REIVAX North America operations.
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