ABB and Niedax Group form joint venture for North American cable tray business

ABB and Niedax Group agreed to form a 50/50 joint venture integrating their North American cable tray businesses, focusing on the US, Canada, and Mexico. The transaction is expected to close in Q4 2024.

“ABB and Niedax Group, a supplier of cable management systems, have entered into an agreement to form a new 50/50 joint venture around the integration of the North American cable tray businesses.”automationworld.com

• 1 source
• automationworld.comABB and Niedax Group Partner on Cable Tray Systems | Automation WorldJul 19, 2024

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