News >  ZTT completes acquisition of Demirer Kablo Strategically deploying itself on the global Market for UHV Cable!

ZTT completes acquisition of Demirer Kablo Strategically deploying itself on the global Market for UHV Cable!

2018-10-18 0:00:00

Following the recent grand opening of PT ZTT Cable in Indonesia, ZTT now completes its 100% acquisition and ownership of DEMIRER KABLO TESiSLERi SANAYi VE TiCARET ANONiM SIRKETi [hereinafter referred to as DEMIRER KABLO].

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Demirer Kablo is a well-regarded technological and pioneering factory of well over 30 years of production experience for HV, UHV power cables and including accessories in Turkey. The company is well featured for its high quality high grade UVH cables in the UAE regions. Over the years, new and loyal customers benefited from their general contracting services, especially their excellent system solutions for power cable projects.

Through the acquisition act, ZTT already a global brand cable manufacturer, pledged to take it to another greater height of quality and economic growth; integrating its current world-wide supply network adhering the “The Belt and Road” initiative.

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ZTT is truly committed to producing quality products for key customers and iconic projects; reaching out globally through its manufacturing and distribution base in India, Brazil, Uzbekistan, Indonesia and Morocco. The successful acquisition of Demirer Kablo shall also set another milestone of the Greater family outside its mainland comfort zone known for the excellent product quality and services, the “ZTT” trademark.

ZTT Group

ZTT Group, a global and leading manufacturer is active in the research development, design, production, supply, and installation complete with a wide product range for telecom, power, renewable energy and in the oil & gas industries. 

ZTT was listed on the Shanghai Stock Exchange (Stock Code 600522.SH) on Oct 24, 2002. ZTT has broken through the US$6.86 billion marks in revenue in 2017. A truly global company whose products are shipped to 147 countries. ZTT stronghold comprises 58 overseas branch offices, 6 registered subsidiaries, over 60 plants (inclusive of 6 overseas plants), 7 research & development centers and over 15,000 employees.