ABB announced that it has signed an agreement to acquire the Födisch Group, a leading developer of advanced measurement and analysis solutions for the energy and industrial sectors. The acquisition will strengthen ABB's Continuous Emission Monitoring Systems (CEMS) offering. It will also enhance ABB's competitiveness in technology and innovation. Through the acquisition, ABB will broaden its portfolio to meet customers' most demanding measurement challenges. The Födisch Group has annual revenues of approximately €50 million and approximately 250 employees. The transaction is subject to the customary closing conditions. Financial details of the transaction, which is expected to close later this year, were not disclosed.
Solutiond for a broad range of industries
Headquartered in Markranstädt, Germany, where it operates a 3,000 m² production facility, and with additional facilities in Germany, the Netherlands and China, the Födisch Group provides solutions to meet the environmental, inspection and certification challenges of many industries. Used in power stations, waste incineration plants, the paper, glass and cement industries, Födisch Group's analysers and dust solutions enable companies to cost-effectively track pollutant emissions.
Födisch Group's extensive offering complements ABB's portfolio of measurement and analysis solutions with additional continuous gas analysers and dust measurement solutions. Backed by ABB's global sales and service network, customers benefit from a comprehensive suite of solutions that help address the world's energy and sustainability challenges.
“The acquisition of Födisch Group underscores ABB’s commitment to providing advanced continuous emission monitoring systems that have become vital for companies to monitor and mitigate emissions and comply with environmental regulations,” said Jacques Mulbert, President of ABB’s Measurement & Analytics division. “We are very impressed by what the Födisch Group has achieved and are eager to welcome their team to the ABB family. Integrating the Födisch Group into ABB will unlock significant opportunities for new and existing customers.”
“Over the years, Födisch Group, with its passionate and highly qualified team, has established a renowned reputation in environmental and process measurement technology in Europe. This acquisition is a testimony of our strong performance in recent years, and leveraging ABB’s global footprint will allow to scale the impact of our offering internationally. This makes us very proud,” said Stephan Schumann, CEO of Dr. Födisch Umweltmesstechnik AG, the parent company of Födisch Group.
