ABB acquires Solutions Industry & Building to expand its cable protection systems
ABB Expands Portfolio with Acquisition of SIB, Strengthens Global Reach in Electrification Solutions
ABB Acquires SIB to Boost Cable Protection Solutions
ABB, a global leader in electrification and automation, has acquired Solutions Industry & Building (SIB), a top manufacturer of premium cable protection products. This move will help ABB strengthen its presence in key markets such as railways, mining, and original equipment manufacturing (OEM) across Europe, the Middle East, and North America. Although the financial details were not shared, the acquisition adds about 100 employees to ABB’s growing team.
Expanding into Specialized Markets
SIB, founded in 1922 and based in Boulay-Moselle, France, brings over a century of experience in making high-quality electrical products. The company is known for its premium cable glands, couplings, and accessories made from brass, stainless steel, and plastic. These products are essential for industries such as construction, rail, shipping, and mining. They also offer specialized products designed for hazardous environments like oil and gas facilities.
SIB’s addition to ABB will enhance ABB’s existing brands, including PMA®, HarnessFlex®, and Adaptaflex®. These brands are well-known for their reliable cable protection and management systems.
A Stronger Future for Both Companies
Khalid Mandri, President of ABB Installation Products, expressed excitement about the acquisition, stating, “The need for safe and reliable electrification solutions is growing. Adding SIB’s expertise will help us expand our product range and reach in specialized markets. We want to provide our customers with innovative and high-quality solutions.”
SIB Chairman Gilles Lherbier also emphasized the importance of this partnership, calling it a significant milestone. He said, “Joining ABB gives us a strong platform to grow our business and bring our expertise to a wider audience.”
About ABB Installation Products
ABB Installation Products, formerly known as Thomas & Betts, creates solutions that ensure the safe connection and protection of electrical systems. With more than 200,000 products under 38 premium brand names, ABB products are used worldwide, from homes to space exploration. ABB’s focus on innovation and sustainability helps industries become more efficient and productive.
About ABB
ABB has over 140 years of history in electrification and automation, with more than 105,000 employees worldwide. The company is committed to creating sustainable and resource-efficient solutions. ABB’s shares are listed on the SIX Swiss Exchange and Nasdaq Stockholm, showing its strong global presence.
Conclusion
ABB’s acquisition of SIB is a strategic move that enhances its cable protection offerings and strengthens its position in key global markets. The collaboration promises innovative, reliable solutions for industries seeking safe and efficient electrification.
