ABB to Acquire Rotork in $5.6 Billion Industrial Deal

ByFegea

Swiss engineering group ABB has agreed to acquire UK-based industrial equipment manufacturer Rotork in an all-cash deal valued at $5.6 billion (£4.1 billion), strengthening its automation and electrification business.

Under the agreement, ABB will pay £5.03 per share, representing a significant premium over Rotork’s previous closing price. The acquisition is expected to boost ABB’s revenue and expand its portfolio of industrial automation solutions after the company recently sold its robotics division.

Rotork’s board has unanimously recommended the offer to shareholders. The transaction is expected to close in the first half of 2027, subject to regulatory approvals and customary closing conditions. The deal highlights continued consolidation in the industrial technology sector as companies pursue growth through strategic acquisitions. source

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