ABB completes acquisition of Gamesa Electric's power electronics business

ABB completed its acquisition of Gamesa Electric's power electronics business in Spain from Siemens Gamesa. The business reported annual revenues of approximately €145 million. Financial terms were not disclosed.

“ABB announced today the completion of its acquisition of Gamesa Electric’s power electronics business in Spain from Siemens Gamesa, originally announced on December 18, 2024.”gamesaelectric.com

• 4 sources
• gamesaelectric.comNews & Media - Gamesa ElectricNov 14, 2024
• new.abb.comABB to acquire power electronics business of Gamesa Electric | News centerDec 18, 2024
• pv-magazine.comABB to acquire Gamesa's power electronics, storage business - pv magazine GlobalPilar Sánchez MolinaDec 18, 2024
• gamesaelectric.comABB acquires Gamesa Electric's power electronics business - Gamesa ElectricJonatan OlmedilloDec 18, 2024

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