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12-11-2001: ABB said today it will sell its air handling
equipment business to Global Air Movement (Luxembourg) SARL for US$ 225 million,
as part of its strategy to focus on power and automation technology products,
systems and solutions for utilities and industry.
Global Air Movement (Luxembourg) SARL is a company formed on behalf of
Compass Partners European Equity Fund L.P., management and other investors.
“This divestiture is in line with ABB’s strategy to focus on core areas of expertise
in power and automation technology,â€
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ABB appoints Prith Banerjee to Executive Committee as Chief Technology Officer
ABB, the leading power and automation technology group, has appointed Prith Banerjee to its Executive Committee in the role of Chief Technology Officer. Banerjee, 51, will start midyear 2012 and will be based in Zurich. He joins ABB from Hewlett Packard, where he was Senior Vice President o ... more
ABB wins contract from Shell to build power plant in Iraq
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ABB wins cable order from Statoil for world’s largest offshore gas platform
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New MB-Rx reaction monitor for in-situ real-time monitoring
Robust and maintenance-free FTIR analyzer for direct reaction tracking and monitoring of various processes in chemical and biotechnology applications more
ABB is able to deliver the full spectrum of services and products, including a fully integrated package of advanced chemical technologies, advanced control system applications, and simulation systems. With our specific know-how in services like engineering, project management or validation ... more
ABB Process Analytics' commitment to quality doesn't end when we deliver our equipment. We also provide, at the client's request: start-up services, maintenance services, training services, reconditioning, repair and replacement parts services. Training services are available for virtually ... more
As one of the world’s leading engineering companies, we help our customers to use electrical power effectively and to increase industrial productivity in a sustainable way. more
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