# 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.

- Type: Partnership
- Announced: 2024-07-19
- Where: North America, United States
- Status: announced
- Products: cable tray systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ABB](https://endata.com/companies/1547.md) (partner)
- [Niedax](https://endata.com/companies/41405.md) (partner)

## Sources

- [automationworld.com](https://www.automationworld.com/communication/news/55126304/abb-and-niedax-group-partner-on-cable-tray-systems), 2024-07-19: "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."

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