M&A Deal Summary

ABB Acquires SVIA Industrial Automation

On May 10, 2016, ABB acquired technology hardware company SVIA Industrial Automation

Acquisition Highlights
  • This is ABB’s 2nd transaction in the Technology Hardware sector.
  • This is ABB’s 3rd transaction in Sweden.

M&A Deal Summary

Date 2016-05-10
Target SVIA Industrial Automation
Sector Technology Hardware
Buyer(s) ABB
Deal Type Add-on Acquisition

Target

SVIA Industrial Automation

Jönköping, Sweden
SVIA Industrial Automation is a technology company that specializes in automated solutions for machine tending processes.

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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 28 of 40
Sector: Technology Hardware M&A 2 of 6
Type: Add-on Acquisition M&A Deals 27 of 37
Country: Sweden M&A 3 of 3
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-24 CGM AB

Borås, Sweden

CGM AB is a provider of modern control room design and ergonomic solutions for maximum control room operator effectiveness.

Buy -
FOLLOWING 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 -