ABB Ltd (SWX:ABBN) signed an agreement to acquire Netcontrol Oy from Procuritas Capital Investors VI AB, managed by Procuritas Capital Investors VI Holding AB on December 18, 2025. Following completion, Netcontrol will be integrated into ABB?s Electrification Business Area, Distribution Solutions division.

The transaction is expected to close in the first quarter of 2026, subject to regulatory approvals and customary closing conditions.

Avance Attorneys Ltd. acted as legal advisor for Procuritas Capital Investors VI Holding AB. Timo Airisto of White & Case LLP ( Finland ) acted as legal advisor for ABB Ltd.