M&A Deal Summary

ABB Acquires Bel Products

On June 2, 2025, ABB acquired manufacturer Bel Products

Acquisition Highlights
  • This is ABB’s 1st transaction in the Manufacturing sector.
  • This is ABB’s 2nd transaction in Canada.
  • This is ABB’s 2nd transaction in Quebec.

M&A Deal Summary

Date 2025-06-02
Target Bel Products
Sector Manufacturing
Buyer(s) ABB
Deal Type Add-on Acquisition

Target

Bel Products

Montréal, Quebec, Canada
Bel Products is a manufacturer specializing in commercial, industrial, and custom-made enclosures. Bel Products was founded in 1964 and is based in Montréal, Quebec.

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Buyer(S) 1

Buyer

ABB

Zurich, Switzerland

Category Company
Founded 1883
Sector Engineering
Employees109,930
Revenue 32.9B USD (2024)
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 39 of 39
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 36 of 36
State: Quebec M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-05 Aurora Motors

Hayward, California, United States

Aurora Motors is a vertical pump motors provider for a wide range of industrial and agricultural applications, with engineering and operations in Shanghai, China. Aurora Motors was founded in 1987 and is based in Hayward, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-08 ABB ’s Robotics Business

Zurich, Switzerland

ABB Ltd’s Robotics Business is focused on the development, manufacture, and sale of industrial robots.

Sell $5.4B