ABB to acquire AB Rotech for automotive welding solutions

ABB announced the acquisition of AB Rotech, a Turkish company specializing in robotic welding solutions for the automotive industry. The deal value was not disclosed.

“The Commission came to a conclusion that although ABB and GEIS are global providers of electrical products and systems, the transaction would not lead to competition concerns in the concerned markets in the European Economic Area.”nsenergybusiness.com

• 7 sources
• nsenergybusiness.comEC approves ABB’s $2.6bn acquisition of GE Industrial Solutions - NS EnergyBV SwagathJun 4, 2018
• renewablesnow.comABB closes USD-2.6bn acquisition of GE's electrification arm | Renewable Energy News | Renewables NowIvan Tsvetanov ShumkovJul 2, 2018
• auto.economictimes.indiatimes.comABB Group: ABB to acquire AB Rotech to expand automotive welding solutions, ETAutoJul 6, 2018
• roboticsandautomationnews.comABB to acquire AB Rotech to expand automotive welding solutionsAnnaJul 10, 2018
• therobotreport.comABB acquiring AB Rotech to bolster automotive robotic welding

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