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ABB: acquires Germany's Födisch Group

(CercleFinance.com) - ABB has announced the acquisition of Födisch Group, a developer of measurement and analysis solutions for the energy and industrial sectors.


This acquisition will strengthen ABB's offering in continuous emission monitoring systems (CEMS) and broaden its portfolio to better meet customer needs.

Födisch Group, based in Germany with facilities in several countries, generated sales of around E50m in 2023.

The transaction, whose financial details were not disclosed, is expected to be completed by the end of the year.


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