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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 USD (TTM)29.19bn
- Net income in USD4.05bn
- LocationAbb LtdAffolternstrasse 44ZUERICH 8050SwitzerlandCHE
- Phone+41 433177111
- Fax+41 433174420
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|ABBN:SWX since |
|ASKI Industrie Elektronik GmbH||Deal completed||03 Oct 2022||03 Oct 2022Deal completed||13.80%||--|
|Powertech Converter||Deal completed||19 Sep 2022||19 Sep 2022Deal completed||12.28%||--|
|Siemens AG-Low Voltage NEMA Motor Business||Announced||11 Aug 2022||11 Aug 2022Announced||2.26%||--|
|In-Charge Energy Inc||Deal completed||27 Jan 2022||27 Jan 2022Deal completed||-10.65%||--|