M&A Deal Summary

ABB Acquires Baldor Electric

On November 30, 2010, ABB acquired electrical equipment company Baldor Electric for 4.2B USD

Acquisition Highlights
  • This is ABB’s 4th transaction in the Electrical Equipment sector.
  • This is ABB’s largest (disclosed) transaction.
  • This is ABB’s 5th transaction in the United States.
  • This is ABB’s 1st transaction in Arkansas.

M&A Deal Summary

Date 2010-11-30
Target Baldor Electric
Sector Electrical Equipment
Buyer(s) ABB
Deal Type Add-on Acquisition
Deal Value 4.2B USD

Target

Baldor Electric

Fort Smith, Arkansas, United States
Baldor Electric Company markets, designs and manufactures industrial electric motors, mechanical power transmission products and drives. Baldor, a member of the ABB Group, is headquartered in Fort Smith, Arkansas.

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Buyer(S) 1

Buyer

ABB

Zurich, Switzerland

Category Company
Founded 1883
Sector Engineering
Employees108,700
Revenue 32.2B USD (2023)
DESCRIPTION
Entrance to ABB's headquarters in Zurich, Switzerland.
Entrance to ABB's headquarters in Zurich, Switzerland.

ABB is an engineering company that helps customers use electrical power effectively and increase industrial productivity in a sustainable way. ABB creates and supports a range of products, systems and services that increase energy efficiency, reliability and productivity for a variety of industrial, utility, and transport and infrastructure customers. ABB was founded in 1883 and is based in Zurich, Switzerland.


DEAL STATS #
Overall 9 of 38
Sector (Electrical Equipment) 4 of 13
Type (Add-on Acquisition) 9 of 35
State (Arkansas) 1 of 1
Country (United States) 5 of 13
Year (2010) 3 of 3
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-08 K-TEK

Prairieville, Louisiana, United States

K-TEK Corp. is a manufacturer, and supplies level instrumentation for liquid and bulk solids detection in North America.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-09 Insert Key Solutions

United States

Buy -