ABB

ABB is a global leader in power and automation technologies, offering a diverse range of products and services aimed at enhancing efficiency and sustainability across various industries. The company specializes in areas such as electrification, robotics, and industrial automation, serving electric, gas, and water utilities, as well as commercial and industrial customers. ABB operates through multiple divisions, including Power Products, Power Systems, Discrete Automation and Motion, Low Voltage Products, and Process Automation. Its innovations encompass high-voltage direct current transmission equipment, solar inverters, and wireless technologies for critical industrial applications. Furthermore, ABB Technology Ventures, the corporate venture capital arm of the company, invests in emerging technologies across sectors like renewable energy and cybersecurity, fostering advancements in industrial digitalization. With a presence in approximately 100 countries, ABB is strategically positioned to contribute to a more sustainable and resource-efficient future.

Franziska Bossart

Investor

Marcus Gieraths

Group Vice President, M&A

Craig McDonnell

Business Line Managing Director

Mads Moeller

Head of Ventures Electrification, Group VP

Mike Mustapha

President

Sridhar Tyagavalli

CFO

Morten Wierod

CEO

Chao Wu

Principal at ABB Technology Ventures

Past deals in Industrial Engineering

GE Industrial Solutions

Acquisition in 2017
GE Industrial Solutions, rooted in a legacy that dates back 130 years to founder Thomas Edison, specializes in designing and manufacturing electrical circuits for a diverse range of industries, including commercial, healthcare, mining, and telecommunications. The company offers a comprehensive array of products such as automatic transfer switches, power systems, surge protective devices, switch gears, relays, terminal blocks, motor controls, circuit breakers, and transformers. In addition to its product offerings, GE Industrial Solutions provides essential services such as defective parts repair, emergency repairs, project management, and on-site management, ensuring that customers in over 60 countries can effectively address their electrical distribution and power challenges. The commitment of its engineers and employees to innovation and customer support continues to drive the company forward.

SVIA

Acquisition in 2016
SVIA’s mission is to help manufacturing industries to produce more efficient by deliver superior standardized automation solutions.

ELBI Elektrik

Acquisition in 2013
ELBI Elektrik designs and manufactures electrical wiring accessory products for the Turkish market, and exports to Eastern Europe with its own local sales organization.

GRESIN

Acquisition in 2012
Gresin Grupo Estudios Industriales is a company that specializes in refurbishment solutions for mechanical presses and the manufacturing of press equipment. The firm focuses on press automation refurbishments and technology enhancements, providing a range of services that include designing sub-assemblies, retrofitting existing machinery, and creating custom machines and benches tailored to specific customer needs. Through its expertise, Gresin aims to enhance the efficiency and performance of press systems across various industrial applications.
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