M&A Deal Summary |
|
|---|---|
| Date | 2019-07-09 |
| Target | ABB - Solar Inverter Business |
| Sector | Electronics |
| Buyer(s) | FIMER |
| Sellers(s) | ABB |
| Deal Type | Divestiture |
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FIMER S.p.A. is a manufacturer of inverters for photovoltaic plants, welding and charging stations for electric vehicles at its operational and integrated plant in Vimercate, Italy. FIMER was formed in 1942 and is based in Vimercate, Italy.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Electronics M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Switzerland M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1883 |
| Sector | Engineering |
| Employees | 109,930 |
| Revenue | 32.9B USD (2024) |
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 | 6 of 9 |
| Sector: Electronics M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 6 of 9 |
| Country: Switzerland M&A | 2 of 3 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-09-25 |
GE Industrial Solutions
Fairfield, Connecticut, United States GE Industrial Solutions is a provider of an electrical solutions at the crossroads of digital and industrial – smart, rugged and equipped to control electricity from the grid to its point of use. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-28 |
Shanghai Chargedot New Energy Technology Co.
Shanghai, China Shanghai Chargedot New Energy Technology Co., Ltd. is a provider of AC and DC charging stations, as well as the necessary software platform to a range of customers that includes EV manufacturers, EV charging network operators, and real estate developers. Shanghai Chargedot New Energy Technology was founded in 2009 and is based in Shanghai, China. |
Buy | - |
