Solutions Industry & Building

Activity by year

202420252026

Acquisition

Dec 3, 2024ACQUISITIONBoulay-Moselle, France, France$27.0M100 jobs
ABB acquires Solutions Industry & Building to expand cable protection portfolio
ABB acquired Solutions Industry & Building (SIB), a French manufacturer of cable glands and electrical installation products, from Galiena Capital. SIB generated approximately $27 million in 2023 revenues and brings nearly 100 employees to ABB. Financial terms were not disclosed.
ABB acquirer Solutions Industry & Building target Galiena Capital investor #Electrical Equipment new.abb.com
Nov 5, 2024ACQUISITIONHayward, California, United States
ABB agrees to acquire Aurora Motors, a vertical pump motor provider
ABB signed an agreement to buy Aurora Motors, a provider of vertical pump motors sold in 30 countries, to strengthen its NEMA Motors Division. Financial terms were not disclosed and closing is expected before the end of 2024.
ABB acquirer Aurora Motors target Niedax partner SEAM Group target Solutions Industry & Building target Siemens Wiring Accessories target #Electrical Equipment newswire.ca prnewswire.com new.abb.com

Acquired by

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