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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Hitachi and ABB form joint venture Hitachi ABB Power Grids · Endata

◂ Announcements

Feb 5, 2024ACQUISITIONZurich, Switzerland, Switzerland

Hitachi and ABB form joint venture Hitachi ABB Power Grids

Hitachi Ltd. and ABB Ltd completed the formation of Hitachi ABB Power Grids Ltd, a joint venture with Hitachi holding an 80.1% stake and ABB the balance, headquartered in Zurich, Switzerland.

Status

Completed

Productspower grid solutions

CompaniesHitachi ABB Power Grids Hitachi acquirer ABB partner

Sectors#Electrical Equipment

“Hitachi’s leading digital technologies merged with world-class power grid solutions will help us to play an active role in the global transformation and decarbonization of energy systems for a sustainable energy future.”hitachienergy.com

1 source
hitachienergy.comHitachi ABB Power Grids commences operationsFeb 5, 2024

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

More from Hitachi ABB Power Grids

Nov 14, 2024EXPANSIONSmedjebacken, Sweden
Hitachi Energy inaugurates expanded HVDC valve factory in Smedjebacken, Sweden
Hitachi ABB Power Grids hitachienergy.com
May 7, 2024CONTRACTUnited Kingdom
HANSA to supply 16 air conditioning units for Hornsea 3 project
Hitachi ABB Power Grids customer HANSA Klimasysteme GmbH supplier hansa-klima.de
Feb 22, 2024EXPANSIONBad Honnef, Germany, Germany$32.0M100 jobsops 2026
Hitachi Energy invests over €30M to expand transformer plant in Bad Honnef, Germany
Hitachi ABB Power Grids Hitachi Energy hitachi.com hitachienergy.com eenewseurope.com
Dec 18, 2023CONTRACTNorth Sea, United Kingdom
Hitachi ABB Power Grids wins order for Dogger Bank C1 link
Equinor partner SSE Renewables partner hitachienergy.com
Nov 28, 2023NEW FACILITYBac Ninh, Vietnam500 jobsops 28 Nov 2023
Hitachi Energy inaugurates transformers factory in Bac Ninh, Vietnam
Hitachi ABB Power Grids hitachienergy.com
Nov 9, 2023CONTRACTGarabi, Brazil
Hitachi Energy wins order to upgrade Garabi HVDC converter station for Taesa
Hitachi ABB Power Grids supplier Taesa customer hitachienergy.com

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