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ABB has entered into an agreement to acquire SEAM Group, a provider of energized asset management and advisory services. The acquisition will broaden ABB's Electrification Service portfolio in the US, adding 3,000 customer sites. The transaction is expected to close in Q3 2024.
ABB has acquired Sevensense, a Swiss start-up specializing in AI and 3D vision for industrial robots, to improve robot mobility in factories and warehouses.
SEAM Group, backed by Align Capital Partners, has acquired Electrical Engineering & Service Co. (EESCO) of Holbrook, Massachusetts. EESCO specializes in electrical power systems testing and maintenance, and the acquisition broadens SEAM Group's NETA-certified services.