ABB has signed an agreement to acquire Födisch Group - a leading developer of advanced measurement and analytical solutions for the energy and industrial sectors.
The acquisition enhances ABB’s offering in continuous emission monitoring systems (CEMS) and bolsters its competitiveness in technology and innovation. ~
Through the acquisition, ABB will widen its portfolio to meet customers’ most demanding measurement challenges.
Födisch Group reported about €50 million in revenue and has approximately 250 employees in 2023. The transaction is subject to customary closing conditions.
Headquartered in Markranstädt, Germany, where it operates a 3,000 m2 production facility, and with further facilities across the Netherlands and China, Födisch Group offers solutions for addressing environmental, inspection and certification challenges across industries.
Used in power plants, waste incineration facilities, the paper, glass and cement industries, Födisch Group’s analyser and dust solutions enable companies to cost-effectively track emissions of pollutants.
The company's extensive offering complements ABB’s portfolio of measurement and analytics solutions with additional continuous gas analysers and dust measurement solutions.
“The acquisition of Födisch Group underscores ABB’s commitment to providing advanced continuous emission monitoring systems that have become vital for companies to monitor and mitigate emissions and comply with environmental regulations,” said Jacques Mulbert, president of ABB’s measurement and analytics division.
“We are very impressed by what the Födisch Group has achieved and are eager to welcome their team to the ABB family. Integrating the Födisch Group into ABB will unlock significant opportunities for new and existing customers.”
“Over the years, Födisch Group, with its passionate and highly qualified team, has established a renowned reputation in environmental and process measurement technology in Europe. This acquisition is a testimony of our strong performance in recent years, and leveraging ABB’s global footprint will allow to scale the impact of our offering internationally. This makes us very proud,” said Stephan Schumann, CEO of Dr Födisch Umweltmesstechnik, the parent company of Födisch Group.
ABB to acquire advanced measurement and analytical solutions firm
