Announced
Completed
Synopsis
ABB, an electrification and automation company, completed the acquisition of a minority stake in Ndustrial, a clean technology startup. Financial terms were not disclosed. “Championing sustainability and guiding customers to achieve net zero carbon is at the core of what we do. Through our Advisory Services we are building an ecosystem of innovative, nimble partners to co-develop advancements in digital solutions to complement our portfolio and enhance the availability, resilience, safety and sustainability of energy for customers,” Stuart Thompson, ABB President Electrification Service.
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