ABB

ABB NEWSROOM (789 press releases)

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ABB to Spin Off Robotics Division as Standalone Company by 2026

PRESS RELEASE -- 17, April 2025

(IN BRIEF) ABB has announced its intention to spin off its Robotics division as an independent company, with a targeted listing in Q2 2026. The spin-off will be executed via a dividend in-kind, allowing shareholders to receive shares in the … Read the full press release

Sweco AB Appoints Jan Allde as New CFO to Drive Strategic Growth Amid Europe’s Green Transition

PRESS RELEASE -- 10, April 2025

(IN BRIEF) Sweco AB has appointed Jan Allde as its new CFO and member of its Executive Team, with his tenure beginning on 1 August 2025. He will replace Olof Stålnacke, who is set to leave the company during the … Read the full press release

ABB Strengthens Leadership in Smart Building Solutions with Acquisition of Siemens’ Wiring Accessories Business in China

PRESS RELEASE -- 4, March 2025

(IN BRIEF) ABB has successfully acquired Siemens’ Wiring Accessories business in China, enhancing its position in the smart building technologies sector. The acquisition, valued at over $150 million in revenue for 2024, adds a robust distribution network across 230 cities … Read the full press release

ABB Shareholders in Sweden Can Receive Dividend in Swedish Krona via Dividend Access Facility

PRESS RELEASE -- 4, March 2025

(IN BRIEF) ABB shareholders who are tax-resident in Sweden and hold shares registered with Euroclear Sweden can opt to receive their dividend in Swedish kronor through the Dividend Access Facility (DAF), avoiding Swiss withholding tax. The application period for the … Read the full press release

ABB Acquires Sensorfact to Strengthen Digital Energy Solutions for Industrial Clients

PRESS RELEASE -- 22, January 2025

(IN BRIEF) ABB has acquired Sensorfact BV, a leader in energy management solutions, to enhance its digital energy offerings for industrial clients. Sensorfact’s AI-powered SaaS platform helps small and medium-sized enterprises optimize energy consumption and reduce operational costs. This acquisition … Read the full press release