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M&A Deal Summary

ABB Acquires IPEC

On December 16, 2025, ABB acquired energy services and equipment company IPEC

Acquisition Highlights
  • This is ABB’s 2nd transaction in the Energy Services and Equipment sector.
  • This is ABB’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2025-12-16
Target IPEC
Sector Energy Services and Equipment
Buyer(s) ABB
Deal Type Add-on Acquisition

Target

IPEC

Manchester, United Kingdom
IPEC is a UK-based engineering technology company that specialises in partial discharge (PD) testing, monitoring, and diagnostics for high-voltage electrical equipment and power assets. IPEC was founded in 1995 and is based in Manchester, United Kingdom.

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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 40 of 40
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 37 of 37
Country: United Kingdom M&A 2 of 2
Year: 2025 M&A 2 of 2
PREVIOUS 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
Mergr

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