# Niedax Group and ABB complete joint venture Abnex

Niedax Group and ABB completed a 50/50 joint venture named Abnex Inc., combining their cable tray manufacturing capabilities to serve the North American market.

- Type: Acquisition
- Announced: 2024-11-01
- Where: North America, United States
- Status: completed
- Products: cable trays, cable management solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Abnex](https://endata.com/companies/81103.md)
- [ABB](https://endata.com/companies/1547.md) (partner)
- [Niedax](https://endata.com/companies/41405.md) (partner)

## Sources

- [niedax-group.com](https://www.niedax-group.com/en/news-events/niedax-group-and-abb-announce-completion-of-joint-venture-with-the-formation-of-abnex/), 2024-11-04: "Niedax Group completed the previously announced 50/50 joint venture with ABB."
- [clearygottlieb.com](https://www.clearygottlieb.com/news-and-insights/news-listing/abb-in-completion-of-joint-venture-with-niedax), 2024-11-06: "Cleary Gottlieb represented ABB in the closing of its previously announced 50/50 joint venture with Niedax Group, forming Abnex, Inc."

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