Acquiring Company
ABB
Acquired Company
BrightLoop
Description
ABB has signed an agreement to acquire BrightLoop, a French leader in advanced power electronics, enhancing its electrification strategy in industrial mobility and marine propulsion. This acquisition will initially secure a 93% controlling interest in BrightLoop, with plans to acquire the remaining 7% in 2028. The deal is expected to close in Q3 2025, subject to regulatory approvals. BrightLoop's technology aims to improve efficiency and reduce emissions in various demanding applications.
Quick answer
ABB is acquiring BrightLoop, announced May 21, 2025. ABB is based in Zurich, Zurich, Switzerland.
- How much did ABB pay for BrightLoop?
- The deal value was not disclosed.
- What does ABB do?
- ABB Ltd is an electrification and automation technology company headquartered in Zurich, Switzerland.
- Where are ABB and BrightLoop based?
- ABB is based in Zurich, Zurich, Switzerland. BrightLoop is based in Paris, Ile-de-France, France.
- Who are the decision-makers at ABB?
- Fundz holds 1 contact at ABB. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired BrightLoop?
BrightLoop was acquired by ABB, based in Zurich. The deal was reported on May 21, 2025. ABB Ltd is an electrification and automation technology company headquartered in Zurich, Switzerland. ABB is publicly traded (ABLZF) and operates in Manufacturing.
When did ABB acquire BrightLoop?
ABB's acquisition of BrightLoop was reported on May 21, 2025. ABB has signed an agreement to acquire BrightLoop, a French leader in advanced power electronics, enhancing its electrification strategy in industrial mobility and marine propulsion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BrightLoop do?
BrightLoop is a French innovator specializing in advanced power electronics. Founded in 2010, it focuses on high- and low-voltage DC/DC converters for demanding environments. It is privately held, and is based in Paris.
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