ABB to acquire Kuhlman Electric Corporation from The Carlyle Group

Zurich, Switzerland, July 16, 2008 – ABB, the global power and automation technology group, has signed an agreement to acquire U.S. transformer company Kuhlman Electric Corporation for an undisclosed amount from global private equity firm The Carlyle Group to expand its power products portfolio in the Americas. Kuhlman Electric manufactures a wide range of high-quality transformers for the industrial and electric utility sectors….more at ABB