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CLEVELAND, Ohio-Reltec Corp. said it established a joint venture with Splice do Brazil Telecommunicacoes e Eletronica S.A. to capitalize on opportunities provided by the privatization of Telebras, the state-owned telecom holding company in Brazil.
Reltec Sistemas de Energia Ltda., owned equally by Splice do Brazil, of Sao Paulo, and Reltec do Brazil, a subsidiary of Reltec, will market and support power products and systems for Brazil and other Latin American countries, from its headquarters in Sao Paulo.
Reltec said the venture combines its power products and system configurations technology with Splice do Brazil’s manufacturing capabilities.
