Zest WEG receives competition nod for TSS Engineering acquisition
The Competition Commission has approved electrical and instrumentation solutions provider Zest WEG’s proposed acquisition of automation company TSS Engineering, TSS Transformers and Intertest, without conditions.
Post-merger, Zest WEG would have sole control over the companies.
Zest WEG specialised in the supply of low-, medium- and high-voltage electric motors, variable speed drives, soft starters, switchgear and transformers, motor control centers, containerised substations and diesel generator sets.
TSS Transformers manufactured, repaired and supplied service transformers, mini-substations and switchgears to mines, local municipalities and companies across various economic sectors.
TSS Engineering provided repair and refurbishment services for transformers, mini-substations and switchgears, while Intertest designed and manufactured resin-cast switchgears.
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