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Tamura closes 80% purchase of Italian transformer maker EMG

Tamura has finished buying 80% of EMG Power Electric and will make the Italian maker its hub for medium-voltage dry transformers, with EMG's earnings consolidated from the fourth quarter of the year ending March 2027.

Resin-cast dry-type transformer coils on a factory floor, with rail and battery storage equipment behind.

Tamura Corporation has closed its purchase of 80% of EMG Power Electric S.r.l., an Italian designer and maker of transformers and reactors, and will make it the group's core site for medium-voltage (MV) dry transformer technology.

The deal completed on 29 October 2026, Italian time, through Tamura's consolidated subsidiary TAMURA-EUROPE LIMITED. Tamura said in a 30 October notice that the transaction was first announced on 21 July 2026. The notice does not give a purchase price.

Management and consolidation

Marco Puliti, who is Tamura's senior vice president and president of TAMURA-EUROPE, becomes EMG's chief executive. Filippo Galastri, EMG's co-founder and former president, stays on as managing director. Tamura said EMG's profit and loss will enter its consolidated results from the fourth quarter of the year ending March 2027.

What Tamura says it bought

Tamura describes EMG as strong in MV dry transformers, using vacuum pressure impregnation (VPI) and moulded-transformer technology, and in reactors for advanced power-conversion uses. Its listed track record covers railways, renewable energy, battery energy storage systems, ships, industrial power supplies and core infrastructure.

Tamura says it will use EMG's integrated design-to-manufacturing set-up and its flexibility on customer specifications to strengthen competitiveness in higher-value MV markets within its large transformer and reactor business. Tamura's president, whose comments appear in the notice, calls the deal an important step toward evolving from a power-supply component maker into a next-generation energy-solutions company built on power-conversion technology. The 2050 goal he cites is to be a leading company in realising a decarbonised society. Those are stated ambitions, not results.