Looking for a used or new machine tool?
1,000s to choose from
Machinery-Locator
Mills CNC MPU 2021 Ceratizit MPU Hurco MPU

Machinery-Locator
The online search from the pages of Machinery Market.

Used Tombstone for CNC Horizontal Machining Centres (4739)
Used Tombstone for CNC Horizontal Machining Centres. Suitable for pallets of 500mm. Cast iron constr
Used Tombstone for CNC Horizontal Machining Centres. Suitable for pallets of 500mm. Cast iron constr...

Be seen in all the right places!

Metalshow & TIB 2025 Plastics & Rubber Thailand 2025 METALTECH & AUTOMEX 2025 Intermach 2025 ITM Industry Europe Smart Manufacturing Week 2025 Subcon 2025 EMO 2025 Maktek Konya Advanced Engineering 2025 Maktek Smart MACH 2026

ABB acquires Siemens’ Wiring Accessories business in China

Posted on 18 Mar 2025. Edited by: Tony Miles. Read 515 times.
ABB acquires Siemens’ Wiring Accessories business in China  ABB has announced it has acquired Siemens’ Wiring Accessories business in China, to broaden ABB’s market reach and complement its regional customer offering within smart buildings. Generating over $150 million in revenue in 2024, the business adds a comprehensive product portfolio, a robust distribution network across 230 cities, and 350 skilled employees. The transaction was announced in May last year and financial terms of the transaction were not disclosed. 

The business will be margin accretive to ABB and expands the company’s portfolio with wiring accessories, smart home systems, smart door locks and further peripheral home automation products, which will continue with the Siemens brand under terms of a licensing agreement. With a strengthened product range and distribution network, ABB is well positioned to deliver integrated, innovative solutions that modernise buildings, improve energy efficiency, and tackle the global challenge of reducing carbon emissions.  

Mike Mustapha, president of ABB electrification’s smart building division, said: “This acquisition strengthens ABB’s position and commitment to growth in China’s wiring accessories market, complementing our smart buildings technologies portfolio and enabling us to meet evolving customer needs by creating safer, smarter and more sustainable buildings. We are perfectly positioned to offer a full range of wiring accessories, home and building automation, energy distribution and management solutions, to address major local challenges such as rapid urbanisation, energy transition, electrification of buildings, decarbonisation and advancing artificial intelligence and digitalisation.”