ABB to acquire Siemens' Wiring Accessories business in China

ABB has signed an agreement to acquire Siemens' Wiring Accessories business in China, which generated over $150 million in revenues in 2023 and includes more than 350 employees. The acquisition will broaden ABB's market reach in smart buildings.

“ABB announced today it has signed an agreement to acquire Siemens' Wiring Accessories business in China.”new.abb.com

• 1 source
• new.abb.comABB expands electrification portfolio with acquisition of Siemens’ Wiring Accessories business in China | News centerMay 17, 2024

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