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About the company
Abb Ltd is a holding company. The Company's segments include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It is engaged in serving customers in utilities, industry and transport and infrastructure. The Electrification Products segment manufactures and sells products and services including low and medium-voltage switchgear, breakers, switches and control products. The Robotics and Motion segment manufactures and sells motors, generators, variable speed drives and robots and robotics. The Industrial Automation segment develops and sells control and plant optimization systems, and automation products and solutions. The Power Grids segment supplies power and automation products, systems, and service and software solutions.
- Revenue in CHF (TTM)27.58bn
- Net income in CHF2.68bn
- Incorporated1999
- Employees106.17k
- LocationAbb LtdAffolternstrasse 44ZUERICH 8050SwitzerlandCHE
- Phone+41 433177111
- Fax+41 433174420
- Websitehttps://global.abb/
Mergers & acquisitions
| Acquired company | ABBN:SWX since announced | Transaction value |
|---|---|---|
| ASKI Industrie Elektronik GmbH | 31.55% | -- |
| Powertech Converter | 29.79% | -- |
| Siemens AG-Low Voltage NEMA Motor Business | 18.22% | -- |
