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In a statement, Weg did not reveal financial details but said the takeover would increase its annual revenue by 16mn reais (US$7mn).
"[This] will consolidate our presence in the region and increase our competitiveness in important markets like wind energy and industrial substations," the company's executive director Carlos Prinz said.
Efacec provides power generation equipment maintenance and engineering services, as well as being a supplier of power plant, and other, products.
BNamericas will host its 11th Southern Cone Energy Summit in Lima, Peru, on November 12-13. Click here to download the agenda.