Submitted by bsans on Sun, 12/20/1998 - 11:20
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Arteche established in Argentina
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The Arteche group acquires AIT, a manufacturer of high-voltage instrument transformers, thus setting roots in Argentina.

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Arteche established in Argentina AIT
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Arteche arrives in Argentina
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In 1998 Arteche acquires AIT, the Argentinian business devoted to the manufacture of Medium and High-Voltage Transformers, which is incorporated as part of Grupo Arteche.

AIT was the instrument-transformer manufacture section of an Argentine company previously part-owned by Usines Balteau, which was in turn fully taken over by Grupo Arteche.