# TE Connectivity to acquire ABB's Entrelec terminal block business

TE Connectivity announced negotiations to acquire ABB's Entrelec-brand terminal block business. The transaction is subject to regulatory approval and agreement with employee representatives.

- Type: Acquisition
- Announced: 2018-01-15
- Where: Chassieu, France, France
- Status: announced
- Products: terminal blocks, power transmission systems, signal transmission systems, data transmission systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ABB](https://endata.com/companies/1547.md) (target)
- [TE Connectivity](https://endata.com/companies/16155.md) (acquirer)

## Sources

- [produktion.de](https://www.produktion.de/wirtschaft/te-connectivity-will-entrelec-von-abb-kaufen/1650592), 2018-01-15: "Wir glauben, dass die Kombination der beiden Portfolios unter der Ägide von TE das Produktangebot bei weitem wettbewerbsfähiger wird und sowohl Kunden als auch Mitarbeiter von den erweiterten Möglichkeiten profitieren werden."
- [railuk.com](https://railuk.com/rail-news/te-connectivity-in-negotiations-to-buy-subdivision-of-abb/), 2018-01-17: "TE Connectivity said that adding ABB’s terminal block offering to its portfolio of products will enable the company to offer a complete system for power, signal and data connectivity."
- [ien.eu](https://www.ien.eu/article/te-connectivity-negotiates-with-abb-to-acquire-its-entrelec/), 2018-02-07: "TE Connectivity has entered into exclusive negotiations with ABB to acquire ABB’s entrelec® terminal block business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.