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.