ABB acquires Siemens' low-voltage NEMA motor business

ABB acquired Siemens' low-voltage NEMA motor business, expanding its manufacturing operations in North America, including a plant in Guadalajara, Mexico, and increasing its global NEMA market share to over 43%.

“ABB announced its acquisition of Siemens’ NEMA motor business.”omdia.tech.informa.com

• 1 source
• omdia.tech.informa.comMeasuring the impact of ABB’s acquisition of Siemens’ low-voltage NEMA motor business OmdiaIvan CamposJan 19, 2023

Summarized from public sources; check the original articles before acting on it.