On July 2, 2026, Canduct Group, a leading manufacturer of transformer insulation kits and components, completed its sale to Hitachi Energy, a global leader in electrification. Founded in 1982 and headquartered in London, Ontario, Canduct supplies high-quality transformer insulation solutions to original equipment manufacturers (OEMs) and repair companies throughout Canada and the United States, including Hitachi Energy. The Canduct Group operates facilities in London and Cambridge, Ontario, as well as Boardman, Ohio, and employs over 300 people.<\/p>\n\n\n\n
The acquisition of Canduct Group, completed at a time of unprecedented growth in electricity demand, underscores Hitachi Energy’s commitment to strategic growth in the Ontario region and also addresses a critical bottleneck in the region’s transformer supply chain by expanding the company’s North American regional insulation and components capabilities, strengthening resilience, and accelerating the delivery of essential grid infrastructure.<\/p>\n\n\n\n
Miller Thomson advised Canduct Group and its shareholders in connection with the sale transaction with a team comprised of Ryan Done, Julia Zanetti, and Chirine Ali (Corporate\/M&A), Kathryn Walker and Colleen Ma (Tax), Katherine Cavan and Kyle Bertsch (Real Estate), Tamara Farber (Environmental), Karen Durell (Intellectual Property), Aaron Atcheson (Energy Regulatory), David Tsai (Labour & Employment), Hugh Wright (Benefits & Pensions), Ethan Campbell and Cindy Adams (Financial Services), Eric Dufour (Competition), Megan Kocher (Corporate Clerk) and Rebecca Burleigh (Real Estate Clerk).<\/p>\n","protected":false},"author":125,"template":"","class_list":["post-52928","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"\n