# ABB to acquire Rotork plc for £4.136 billion

ABB has agreed to acquire Rotork plc, a UK-based manufacturer of industrial valves and actuators, for 506 pence per share in cash, valuing Rotork at approximately £4.136 billion. The deal is recommended by Rotork's board.

- Type: Acquisition
- Announced: 2023-05-26
- Where: United Kingdom
- Value: $5.20B (4.14B GBP)
- Status: announced
- Products: industrial valves, actuators, flow control equipment
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Rotork](https://endata.com/companies/461.md) (target)
- [ABB](https://endata.com/companies/1547.md) (acquirer)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/abb-PNK:ABBNY/news/offer-for-rotork-plc-019f6984-7049-7474-ab91-96ff81a5ceb8/), 2023-05-26: "The boards of directors of ABB Ltd and Rotork plc announce that they have reached agreement on the terms of a recommended cash acquisition."

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