Axciss has just signed the acquisition of all the assets of transformer manufacturer VRT-Power (formerly Vonroll Transformer). This buyout includes all of the production tools, the test resources as well as the industrial property of VRT-Power, an asset that will enable the group to manufacture and market internationally a very fine range of products ranging from transformers from 400kVA MV/LV distribution to the 500MVA HV power transformer via certain specific equipment such as power rectifiers which will have their place within the H2-Powerlab project. Before the cessation of its activities at the end of 2020, VRT-Power generated 50 million US$ in turnover and employed around 250 employees in its Israeli factory, the activity also contributed to the maintenance of nearly 200 indirect jobs. The validation of this relocation project in Europe by Axciss, possibly on its Beautor site, is very good news for the group’s management, particularly in a “Covid” context where Drekan’s traditional activity in the industry is struggling to to restart. It should be noted that the transformer market is not experiencing the crisis since it should increase from 15 billion euros in 2020 to nearly 25 billion in 2025, particularly drawn for renewable energies or electromobility.
VRT Power, created in 1949, specializes in power transformers up to 650MVA under 400KV
Even if VRT manufactured and marketed standard distribution transformers from 400 to 5,000KVA until last summer, a “food” production that Axciss obviously intends to pursue, its added value lies above all in power transformers. The VRT Power range taken over by Axciss also includes more specific equipment (rectifier transformers, zigzag, traction transformers, SVC, Step-Up, etc.) or mobile HTB stations very similar to those already operated by Drekan-Power Rental.
The operation provides exceptional production and test equipment that will enable the company to strengthen the capacities of its Beautor site if it is validated to host the VRT activity.
In addition to the capacities for testing rotating machines already being installed at Beautor (3 benches allowing low and medium voltage rotating machines to be tested under load up to 18MVA under 13.8KV), the possible arrival on this same site of the VRT test platform could significantly strengthen its attractiveness at European level. (Insulation test capability up to 2400 kV, 300 MVAR capacitor bank, 4.2 MVA/250Hz rotating group, etc.). Also, in addition to the new manufacturing activity taken over from VRT, the means made available by this acquisition will allow Drekan, another subsidiary of Axciss, to strengthen its offer in the maintenance or reconstruction of old equipment, in this context, ashampoo burning studio crack anticrash crack autocad crack articulate crack
A gradual ramp-up between 2022 and 2026 for VRT-Power
The new VRT-Power team, which will be supported by the outgoing team for the time necessary to take control of the industrial tool, will have the main challenge of gaining the confidence of the French and European markets with a ramp-up plan. and in ambitious, but realistic competence. It is thus the production lines dedicated to distribution transformers as well as step-up transformers (for wind or solar projects in particular) which will be relaunched as a priority at the start of 2022, followed by those relating to HTB transformers from 2023. very high power (>100MVA) should be done in a much more gradual way to return to its historical level by 2025 or 2026. The final choice of the location that will host the VRT activity remains to be validated, the Beautor plant, perfect for this type of “heavy” activity was obviously anticipated since the opening of the file, but the recruitment problems encountered on site by Drekan for 24 months as well as some “administrative matters” leave the management of ‘Axciss questioning the merits of strengthening investments there, two other European sites are also in the running to host this project. The final decision will have to be taken by the end of May to keep to the relocation schedule. but the recruitment problems encountered on site by Drekan for 24 months as well as some “administrative matters” leave the management of Axciss questioning the merits of reinforcing investments there, two other European sites are also in the running to host this project. The final decision will have to be taken by the end of May to keep to the relocation schedule. but the recruitment problems encountered on site by Drekan for 24 months as well as some “administrative matters” leave the management of Axciss questioning the merits of strengthening investments there, two other European sites are also in the running to host this project. The final decision will have to be taken by the end of May to keep to the relocation schedule.
More information on Drekan-Group: www.drekan.com & on VRT-Power: www.vrtpower.com
Press contact: Aude MESSAGER | Round Green Agency | Mobile: 06 29 15 89 91 | Email: aude@rondvert.com
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