# Hitachi and ABB complete Power Grids joint venture, affecting Linxon

The divestment of ABB Power Grids to Hitachi has been completed, forming Hitachi ABB Power Grids, which now carries the interest in Linxon, a joint venture with SNC-Lavalin.

- Type: Partnership
- Announced: 2020-07-01
- Status: completed
- Products: power grids, substation projects
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hitachi ABB Power Grids](https://endata.com/companies/8446.md)
- [SNC-Lavalin](https://endata.com/companies/296.md) (partner)
- [Hitachi](https://endata.com/companies/1325.md) (acquirer)
- [ABB](https://endata.com/companies/1547.md) (target)
- [Linxon](https://endata.com/companies/8683.md) (partner)

## Sources

- [linxon.com](https://linxon.com/newly-established-hitachi-abb-joint-venture-impact-on-linxon/), 2020-07-01: "The interest in Linxon is now carried on by Hitachi ABB Power Grids."

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