Alstom further develops its measurement and digital substation portfolio with the purchase of Reason Tecnologia S.A.
Alstom Grid today announced that it is acquiring Brazilian company Reason Tecnologia S.A. - a Florianópolis-based provider of measurement and substation automation network products for transmission and distribution (T&D) customers. The acquisition closes on January 8th, 2014.
With this move, Alstom Grid will reinforce its presence in the Latin American substation automation market and strengthen its digital substation offer worldwide, accelerating the innovation path towards building a fully digital substation.
Reason employs 100 highly-skilled engineers and serves large contractor companies as well as Brazil and Latin Americas main transmission and distribution utilities. Alstom Grids worldwide commercial reach and the companies combined market leadership will fast track Reasons expansion across international markets.
This acquisition is yet another pivotal step in our ongoing journey to market-leading excellence in the substation automation business, said Hervé Amossé, Vice-President Substation Automation Solutions for Alstom Grid. It follows on from the recent acquisition of ASAT in Canada where we have strengthened our expertise in smart grid technologies - and the recent inaugurations of two new digital substation automation centres of excellence, in both India and France.
Guilherme Bernard, President Reason Tecnologia S.A, said:We are proud to be recognised for excellence in innovation and quality and we are delighted to pursue new developments within the Alstom Group. Reason looks forward to the synergies in technical expertise which will ultimately provide the most innovative products possible to our customers.
Alstom is a global leader in the world of power generation, power transmission and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 93,000 people in around 100 countries. It had sales of over 20 billion and booked close to 24 billion in orders in 2012/13.
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Alstom Grid has over 130 years experience and ranks among the top three in the electrical transmission sector with an annual sales turnover of more than 4 billion. Alstom Grids 19,000 employees are spread across 88 manufacturing and engineering sites worldwide and have one common mission: be our customers trusted partner, from the source to the city.
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