Announced
Completed
Synopsis
TÜV Rheinland, a provider of technical services worldwide, completed the acquisition of UK technical engineering consultancy business of ABB, a technology company specializing in electrification and automation. Financial terms were not disclosed. “We look forward to creating growth, stability and opportunity at a time where we are seeing increased demand for sustainability, decarbonization and business continuity. ABB’s UK technical engineering consultancy will complement the existing risk, safety and integrity management services provided by TÜV Rheinland. Our aim is to build upon the long-standing customer relationships and trust that ABB and TÜV Rheinland have established in the UK over the last two decades,” Gareth Book, TÜV Rheinland UK Managing Director.
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