VT5 is exploring a possible business combination (De-Spac) with R&S Group, a leading supplier of small and medium-sized transformers in Switzerland and international markets, as VT5 announced this morning. R&S Group is headquartered in Sissach, Baselland and employs more than 700 employees at 6 production sites in Switzerland, Italy, Poland and the Middle East. Its portfolio ranges from distribution, cast resin and power transformers to medium- and high-voltage switching devices. According to VT5, the R&S Group is thus making a relevant contribution to the transformation to a sustainable power supply and to ensuring grid stability.
