ZURICH – ABB plans to acquire UK-based Dynamotive Ltd.
in order to expand its service offering in low and
medium voltage drives and motors, according to a company
statement.
ABB is a power and automation technology group with
offices around the world, including one in New Berlin on
West Glendale Drive that focuses on drives,
motors, generators and power electronics.
Privately owned Dynamotive designs, commissions and
upgrades systems of drives, controls and motors for
industrial and marine applications and automotive test
rigs, according to a company statement, and has about 40
employees. Dynamotive’s owners will continue to work for
ABB.
“The acquisition of Dynamotive will enable ABB to expand
its service operations including upgrade and retrofit
capabilities in low and medium voltage drives.
Furthermore, it will help ABB to increase its sales of
complete industrial motion packages, which include
drives, motors, controls and related services,” said
Pekka Tiitinen, head of ABB's Drives and Controls
business unit. “By combining Dynamotive’s service and
engineering capabilities with ABB’s manufacturing
capabilities and product know-how we will better serve
our customers.”
Dynamotive will be integrated into ABB’s Drives and
Controls business unit, led in the UK by Neil Ritchie.
The transaction is expected to be completed this month,
according to a company statement.