M&A Deal Summary

ABB Acquires Envitech Energies

On December 19, 2011, ABB acquired electrical equipment company Envitech Energies

Acquisition Highlights
  • This is ABB’s 7th transaction in the Electrical Equipment sector.
  • This is ABB’s 1st transaction in Canada.
  • This is ABB’s 1st transaction in Quebec.

M&A Deal Summary
Date 2011-12-19
Target Envitech Energies
Sector Electrical Equipment
Buyer(s) ABB
Deal Type Add-on Acquisition

Target

Envitech Energies

Pointe-Claire, Quebec, Canada
Envitech Energies, Inc. is a supplier of rail electrical equipment and solutions for urban transportation applications, including traction rectifiers, traction power components, trackside braking energy absorption devices, automatic grounding and energy storage solutions.

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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 15 of 38
Sector (Electrical Equipment) 7 of 13
Type (Add-on Acquisition) 14 of 35
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2011) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-15 Powercorp

Darwin, Australia

Powercorp is a renewable power automation company. Powercorp offers automation and intelligent control solutions to manage renewable energy generation in isolated grids, ensuring utility grade power quality and grid stability.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-30 Thomas & Betts

Memphis, Tennessee, United States

Thomas & Betts is a designer and manufacturer of connectors and components for electrical and communication markets.

Buy $3.9B
Mergr

Product

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