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· Chemical Engineering Online
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ABB has agreed to acquire Rotork for $5.5 billion via a recommended all-cash offer for all issued and to-be-issued shares. The deal brings Rotork’s mission-critical intelligent flow control solutions and leading electric actuators into ABB’s lineup, aiming to further strengthen its industrial automation portfolio.

How do you expect this acquisition to impact process industries that rely on flow control and actuation—particularly in product integration, service coverage, and pricing?

ABB expands industrial automation portfolio with $5.5-billion Rotork acquisition

This article was originally posted on chemengonline.com.
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ABB Ltd. (Zurich, Switzerland) has agreed with Rotork plc (Bath, U.K.), a well-established global provider of mission-critical intelligent flow control solutions and a leading independent manufacturer of electric actuators, the terms of a recommended cash offer for the entire issued and to be issued share capital of Rotork. The transaction is expected to further strengthen […]

The post ABB expands industrial automation portfolio with $5.5-billion Rotork acquisition appeared first on Chemical Engineering.

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