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ABB Completes Acquisition of Födisch Group

ABB has successfully completed the acquisition of Födisch Group, a prominent developer of advanced measurement and analytical solutions for the energy and industrial sectors. The announcement of this acquisition was made on August 27, 2024.

 

Headquartered in Markranstädt, Germany, the Födisch Group operates a 3,000 m² production facility, along with additional sites in the Netherlands and China. In 2023, the company reported approximately €50 million in revenue and employed around 250 people.

"I am extremely happy to welcome all our new colleagues to ABB," said Jacques Mulbert, President of ABB's Measurement & Analytics division. "This acquisition demonstrates our commitment to providing continuous emissions monitoring systems, which are essential for companies to monitor and mitigate emissions and comply with environmental regulations. Integrating the Födisch Group is excellent news for our customers."

The Födisch Group specializes in solutions used in various industries, including power plants, waste incineration facilities, and sectors such as paper, glass, and cement. Their extensive offerings will enhance ABB's portfolio with additional continuous gas analyzers and dust measurement solutions.

With the backing of ABB's global distribution and service network, customers are expected to benefit from a comprehensive suite of solutions designed to tackle energy and sustainability challenges. Measurement and analytics technologies play a crucial role in improving the sustainability of industrial operations, providing real-time data and insights that enhance efficiency and reduce emissions.

 

Source: ABB

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