ABB and Hitachi to form power grids joint venture
ABB and Hitachi are forming a joint venture that will include ABB's global Power Grids business. The transaction is expected to close by the first half of 2020, with Hitachi acquiring 80.1% and ABB retaining 19.9%.
Productspower grid automationpower grid integrationhigh voltage productstransformers
“ABB has taken the strategic step to expand their existing relationship with Hitachi by forming a power grids joint venture.”new.abb.com
- 4 sources
- new.abb.comSemiconductors - Adaption of legal structure | News center | ABBOct 25, 2019
- exeger.comABB partners with Exeger to speed up world’s transition to clean energyNov 18, 2019
- roboticstomorrow.comABB partners with Exeger to speed up world’s transition to clean energy | RoboticsTomorrowNov 19, 2019
- automation-news.jpABB、B＆Rと事業融合へ、ロボとモーション統合展開 | オートメーション新聞WEB／AutomationNewsDec 3, 2019
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