FIMER SpA completes acquisition of ABB's solar inverter business

FIMER SpA has completed the acquisition of ABB's solar inverter business, which has approximately 800 employees in over 30 countries and generated close to $290 million in annual revenue. The divestment allows ABB to focus on priority growth markets.

“The completion of this divestment is another step forward in our strategy of systematic portfolio management.”power-eng.com

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• power-eng.comFIMER SpA completes buy of ABB's solar inverter businesscarolMar 2, 2020

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