ABB Ltd

ABBN

CH0012221716

Heavy Electrical Equipment

Market Closed - Swiss Exchange Other stock markets 11:31:01 2025-01-24 am EST			5-day change	1st Jan Change
54.00 ^CHF	+0.78%		+6.51%	+10.05%

Jan. 23	ABB LTD : JP Morgan sticks Neutral	ZD
Jan. 23	ABB: selected by GreenIron in Sweden	CF

ABB Ltd acquired Schlemmer Industry & Building Parts SAS from Galiena Capital.

December 02, 2024

ABB Ltd (SWX:ABBN) acquired Schlemmer Industry & Building Parts SAS from Galiena Capital on December 3, 2024. For the period ending December 31, 2023, Schlemmer Industry & Building Parts SAS reported total revenue of $27 million. The acquisition of SIB strengthens ABB?s presence in rail, mining, OEM and specialty markets across Europe, the Middle East and North America.

ABB Ltd (SWX:ABBN) completed the acquisition of Schlemmer Industry & Building Parts SAS from Galiena Capital on December 3, 2024.

Latest news about ABB Ltd

ABB LTD : JP Morgan sticks Neutral	Jan. 23	ZD
ABB: selected by GreenIron in Sweden	Jan. 23	CF
GreenIron Picks ABB's Control System for First Commercial Plant in Sweden	Jan. 23	MT
ABB: partnership with Skoda for railway batteries	Jan. 23	CF
ABB, Škoda Group Enter Partnership Deal for Train Battery Supply	Jan. 23	MT
ABB Gets Order for Battery Systems to Power Czech Railways	Jan. 23	DJ
Europe's industrial stocks rally on Trump's AI investment push	Jan. 22	RE
Carnegie expert recommends Evolution and engineering giants ahead of reporting season - Di	Jan. 22	FW
ABB increasing U.S. investment to raise local production, CFO says	Jan. 21	RE
ABB to Buy Dutch Energy Management Company Sensorfact	Jan. 21	MT
ABB: acquisition of Sensorfact in the Netherlands	Jan. 21	CF
ABB CEO sees good growth momentum in 2025, looking at acquisitions	Jan. 21	RE
ABB LTD : Bernstein remains a Sell rating	Jan. 20	ZD
ABB: acquisition of Lumin in the USA	Jan. 14	CF
ABB LTD : Gets a Neutral rating from JP Morgan	Jan. 14	ZD
ABB: Memorandum of Understanding with Epiroc in the mining industry	Jan. 14	CF
ABB and Epiroc partner on trolley system solutions for underground mining	Jan. 14	FW
ABB Ltd acquired Coulomb Inc. from ABB Technology Ventures.	Jan. 13	CI
ABB LTD : JP Morgan remains Neutral	Jan. 13	ZD
ABB LTD : RBC remains Neutral	Jan. 10	ZD
SHB retail savers had Investor in their top buys last year	Jan. 08	FW
ABB LTD : JP Morgan reiterates its Neutral rating	Jan. 07	ZD
Stockholm Bullets - Avanza climbs on monthly figures	Jan. 07	FW
ABB LTD : Jefferies reiterates its Neutral rating	Jan. 06	ZD
ABB: invests in Canadian startup Edgecom Energy	Jan. 06	CF

Chart ABB Ltd

Duration

Period

ABBN: Dynamic Chart

Company Profile

ABB Ltd is one of the world's leaders in the design, production and marketing of industrial equipment. Net sales break down by family of products and services as follows: - electrical transmission and distribution products and systems (67.2%): transformers, medium-voltage electrical distribution systems (circuit breakers, switches, fuses, transducers, etc.), high-voltage electrical distribution systems (condensers, switches, etc.), and automated systems for use in electrical plants. ABB Ltd also offers turnkey installation services for transmission systems; - automation systems (30.6%): electrical protection systems and instruments for measuring and controlling fluids, production process control systems (primarily for the oil and gas, chemical and pharmaceutical, marine, mining, and paper industries). The group also manufactures and markets robots and modular systems; - other (2.2%). Net sales are distributed geographically as follows: Europe (35.9%), China (13.9%), Asia/Middle East/Africa (15.8%), the United States (25.6%) and Americas (8.8%).

Employees

109,970

Sector

Heavy Electrical Equipment

Calendar

2025-01-30 - Q4 2024 Earnings Release

More about the company