Preformed Line Products Company (NASDAQ: PLPC) has acquired Delta Conectores, S.A. de C.V.
Founded in 1979 and based out of Aguascalientes, Mexico, Delta designs and manufactures substation connector systems and accessory hardware for high-voltage AC systems and is a market leader in Mexico. The acquisition of Delta will greatly expand PLP's operational and technical capabilities in the region while supporting its overall global substation strategy.
"The addition of Delta to the PLP family expands our existing substation product offering. They bring a high level of design expertise and bolster our manufacturing capabilities in North America. We are excited to welcome the Delta team to PLP," stated Ryan Ruhlman, Vice President of Marketing & Business Development at PLP.