# ABB Power Grids

- Headquarters: Switzerland
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Sites

| Place | Latest | Largest value | Types |
| --- | --- | --- | --- |
| Vaasa, Finland | 2020-05-29 | — | expansion |

## Customers, suppliers and deals

- [Hitachi](https://endata.com/companies/1325.md): acquired by, 2×, latest 2020-06-30
- [Stena Recycling](https://endata.com/companies/48484.md): partner, 1×, latest 2020-06-08
- [Indian Oil Corporation](https://endata.com/companies/492.md): customer, 1×, latest 2020-04-21

## Announcements (5)

- 2020-06-30: [Hitachi completes acquisition of 80.1% stake in ABB Power Grids](https://endata.com/announcements/49702-hitachi-completes-acquisition-of-80-1-stake-in-abb-power-grids) (Acquisition · Switzerland, Switzerland · $6.40B · 36,000 jobs)
- 2020-06-08: [ABB Power Grids and Stena Recycling sign transformer recycling agreement](https://endata.com/announcements/49991-abb-power-grids-and-stena-recycling-sign-transformer-recycling-agreement) (Partnership · Sweden)
- 2020-06-02: [European Commission approves Hitachi's acquisition of ABB's power grids division](https://endata.com/announcements/48959-european-commission-approves-hitachi-s-acquisition-of-abb-s-power-grids-division) (Acquisition · Japan · $11.0B)
- 2020-05-29: [ABB Power Grids invests in new transformer assembly line in Vaasa, Finland](https://endata.com/announcements/48878-abb-power-grids-invests-in-new-transformer-assembly-line-in-vaasa-finland) (Expansion · Vaasa, Finland · 30 jobs)
- 2020-04-21: [ABB Power Grids wins $21.5M order from Indian Oil Corporation](https://endata.com/announcements/49990-abb-power-grids-wins-21-5m-order-from-indian-oil-corporation) (Contract · New Delhi, India · $21.5M)

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