M&A Deal Summary

ABB Acquires Gresin Grupo Estudios Industriales S.A.L.

On December 12, 2012, ABB acquired machinery company Gresin Grupo Estudios Industriales S.A.L.

Acquisition Highlights
  • This is ABB’s 3rd transaction in the Machinery sector.
  • This is ABB’s 1st transaction in Spain.

M&A Deal Summary

Date 2012-12-12
Target Gresin Grupo Estudios Industriales S.A.L.
Sector Machinery
Buyer(s) ABB
Deal Type Add-on Acquisition

Target

Gresin Grupo Estudios Industriales S.A.L.

Oiartzun, Spain
Gresin Grupo Estudios Industriales S.A.L. is a specializes in refurbishment solutions for mechanical presses.

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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 18 of 39
Sector: Machinery M&A 3 of 5
Type: Add-on Acquisition M&A Deals 17 of 36
Country: Spain M&A 1 of 3
Year: 2012 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-01 APS Technology Group

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