May 21, 2025ACQUISITIONParis, France ABB acquires 93% stake in BrightLoop
ABB has agreed to acquire a 93% controlling interest in BrightLoop, a French power electronics company, to strengthen its electrification offerings for industrial mobility and marine propulsion. The remaining 7% stake will be acquired in 2028. The deal is expected to close in Q3 2025.
ProductsDC/DC converterspower electronics
“BrightLoop's management team will remain a key part of the business and will be critical to its success under ABB's ownership.”investmets.com
- 5 sources
- investmets.comBrightLoop adds to ABB mobility plan - InvestMETSRichard RobertsMay 21, 2025
- marineindustrynews.co.ukABB acquires BrightLoop to broaden marine electrificationAnna CumminsMay 21, 2025
- electrive.comABB acquires power electronics firm Brightloop - electrive.comCiaran DalyMay 22, 2025
- engtechnica.comABB Expands Electrification Portfolio with BrightLoop Deal - ENGtechnicaJoydeep KarMay 27, 2025
- oemoffhighway.comABB to Acquire BrightLoop, Expanding Off-Highway Vehicle and Marine Electrification Business | OEM Off-Highway
Summarized from public sources; check the original articles before acting on it.
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