PFISTERER purchased the family-run company A.B Srl, a manufacturer of fittings and accessories for medium and high-voltage cables based in the metropolitan region of Milan. Both parties agreed not to disclose the purchase price.
A.B. Srl is a supplier for leading systems providers and holds a large share of the market, particularly in Italy. With its latest acquisition, PFISTERER has complemented its product portfolio for high-voltage cable systems. This puts A.B. Srl in a position where it can exploit its potential on an international scale.
A.B. Srl currently generates annual revenue of around €2 million.