iGrid T&D, the Sub­sta­tion Automa­tion Sys­tem designer com­pany, based in Barcelona, announces that Thytronic SpA has become its major­ity share­holder. Thytronic is the Ital­ian leader in the pro­tec­tion and con­trol mar­ket for the elec­tri­cal power sys­tems, with more than 50 years of his­tory on the pro­tec­tion relay mar­ket.

Thanks to this invest­ment, Thytronic will attain impor­tant syn­er­gies in terms of busi­ness diver­si­fi­ca­tion and com­ple­tion of the prod­uct lines which will value the solu­tions pro­pos­als.

The acqui­si­tion con­sol­i­dates the Thytronic posi­tion in the grid pro­tec­tion, automa­tion, super­vi­sion and con­trol mar­ket and it’s aligned with its devel­op­ment roadmap, lever­ag­ing on the growth based also upon exter­nal lines with real­i­ties with spe­cial­ist skills, in favor of a wider sup­ply and a bet­ter mar­ket pen­e­tra­tion. While iGrid T&D strengths its over­all posi­tion with the Thytronic invest­ment, for increas­ing its mar­ket share and global oper­a­tions.

In strate­gic terms, this acqui­si­tion will lead the two com­pa­nies to jointly share know-how and mutual affini­ties by prod­uct type and tar­get use, busi­ness struc­ture and solu­tions dis­tri­b­u­tion.