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ABB Asea Brown Boveri Ltd Affolternstrasse 44 8050 Zurich, Switzerland http://www.abb.com
Contact Mr Antonio Ligi +41 43 317 65 68
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ABB Asea Brown Boveri Ltd

ABB to buy Envitech Energy to expand its presence in North-American rail market

Acquisition complements ABB's existing offering in the supply of electrical equipment and solutions for the rail infrastructure market

(PresseBox) (Zurich, )
ABB, the leading power and automation technology group, has agreed to acquire Canada-based Envitech Energy to expand its technology offering in the electrical equipment and solutions sector for rail infrastructure.

Envitech Energy, headquartered in Pointe Claire, Quebec, Canada, has 36 employees and supplies rail electrical equipment and solutions for urban transportation applications, including traction rectifiers, traction power components, trackside braking energy absorption devices, automatic grounding and energy storage solutions. The parties agreed to not disclose the value of the transaction, which is subject to the customary regulatory approvals.

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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.