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ABB Schweiz AG Brown Boveri Strasse 6 5401 Baden, Switzerland http://www.abb.ch/
Contact Mr Antonio Ligi +41 43 317 65 68
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ABB Schweiz AG

ABB buys ELBI Elektrik to strengthen wiring accessory unit in Turkey and Eastern Europe

Complementary purchase to expand product portfolio

(PresseBox) (Zurich, Switzerland, )
ABB, the leading power and automation technology group, has acquired Turkey-based ELBÝ Elektrik from Ahlström Capital to improve its position in the Turkish low-voltage products segment and to expand its existing business in Eastern Europe. The parties have agreed not to disclose financial details of the transaction.

ELBI Elektrik is headquartered in Istanbul and has about 450 employees. It designs and manufactures electrical wiring accessory products for the Turkish market, and exports to Eastern Europe with its own local sales organization.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.