M&A Deal Summary

ABB Acquires Bernecker + Rainer Industrie-Elektronik

On April 4, 2017, ABB acquired technology hardware company Bernecker + Rainer Industrie-Elektronik

Acquisition Highlights
  • This is ABB’s 4th transaction in the Technology Hardware sector.
  • This is ABB’s 1st transaction in Austria.

M&A Deal Summary

Date 2017-04-04
Target Bernecker + Rainer Industrie-Elektronik
Sector Technology Hardware
Buyer(s) ABB
Deal Type Add-on Acquisition

Target

Bernecker + Rainer Industrie-Elektronik

Eggelsberg, Austria
Bernecker + Rainer Industrie-Elektronik GmbH (B&R) is an automation company. B&R combines state-of-the-art technology with advanced engineering to provide customers in virtually every industry with complete solutions for machine and factory automation, motion control, HMI and integrated safety technology. Bernecker + Rainer Industrie-Elektronik GmbH was established in 1979 and is headquartered in Eggelsberg, Austria.

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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 30 of 38
Sector (Technology Hardware) 4 of 6
Type (Add-on Acquisition) 29 of 35
Country (Austria) 1 of 2
Year (2017) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-14 NUB3D S.L.

Barcelona, Spain

NUB3D S.L. is a provider of digital, 3D inspection and quality control solutions. NUB3D supplies 3D white-light scanning sensor technologies, using digital scans to optimize inspection and quality assurance in manufacturing. The sensors can detect defects on a manufactured part with an extremely high level of accuracy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-03 Keymile International - Communication Networks Business

Brunn am Gebirge, Austria

Keymile International - Communication Networks Business is a provider of broadband access and data transmission in mission-critical communications networks.

Buy -