Industrial automation
ABB takes over B&R
The ABB Group has announced the takeover of the Austrian company Bernecker + Rainer Industrie Elektronik (B&R) in order to close its historic gap in machine and factory automation.
With the acquisition of B&R, ABB aims to become a full-service provider in industrial automation. The company, which was founded in 1979 by Erwin Bernecker and Josef Rainer and is based in Eggelsberg, Austria, is owned by the two founders and currently employs more than 3,000 people. B&R's turnover in the 2015/2016 financial year was around 580 million euros. Over the past two decades, the Austrian automation technology provider has grown by an average of 11% annually. ABB will finance the acquisition entirely from cash; the parties have agreed not to disclose the purchase price. The transaction is expected to be completed this summer. B&R will then become part of ABB's Industrial Automation division as a new global "Machine and Factory Automation" business unit under the leadership of B&R CEO Hans Wimmer.
Ulrich Spiesshofer, CEO of ABB, on the acquisition: "B&R is a gem in the world of machine and factory automation. In the future, we will be the only company that offers its industrial automation customers the entire spectrum of technology and software solutions for measurement and control systems, drives, robotics, digitalization and electrification." In detail, B&R complements ABB's portfolio, particularly in the areas of PLCs, industrial PCs and servo drive technology.
Further details on the acquisition can be found here.
You might also be interested in
Hans Wimmer leaves B&R
Managing Director Hans Wimmer is leaving B&R at the end of the year. ABB announced this news on November 25, 2020. The search process for a new Division President will be initiated.
read more..."Well maintained" with more basic orders in 2017
Overall, ABB Germany achieved an order intake of €3.2 billion in 2017 and was therefore able to increase the level of demand from 2016 by 3%. Sales remained at the previous year's level. The 'Industrial Automation' division stood out in particular...
read more...Takeover of B&R completed
B&R now acts as ABB's global center for machine and factory automation: The sale of B&R to ABB is legally effective following the approval of the competition authorities on July 6, 2017.
read more...The consequences of the takeover
What will happen at B&R after the takeover by ABB? At the Hannover Messe 2017, B&R Managing Director Hans Wimmer spoke about the ABB Group's latest acquisition.
read more...Increased sales, basic orders and profit
ABB has announced its figures for the first quarter of the 2017 financial year. CEO Ullrich Spiesshofer sees "the first signs of market stabilization in parts of the process industry and also some growth signals in early-cycle businesses" in the...
read more...2 billion mark in sight
Phoenix Contact has announced its figures for 2016. According to the figures, the Blomberg-based group of companies was able to increase its turnover by 3.2% last year. This year, the 2 billion euro mark is set to be reached.
read more...ABB at the Hannover Messe 2017
On the way into the digital age
The industry is moving into the digital age - and so is ABB. The Swedish-Swiss group is now bundling its offerings in this area under the slogan 'ABB Ability' and is presenting a range of 'smart' solutions at the Hannover Messe 2017.
read more...The 'incredible machine'
100 years ago, in a workshop in Esslingen am Neckar, Festo founder Gottlieb Stoll asked himself how technology could make work easier. To mark the company's 100th anniversary, Festo has now designed and built a machine that shows the fascinating...
read more...SmartFactory-KL at the Hannover Messe
The production island_Phuket
AI applications increase the performance, efficiency and productivity of robots, machines and production systems and also help to save a lot of money because they significantly reduce material usage, energy requirements, CO2 emissions and set-up and...
read more...