ABB has agreed to acquire the entire issued and to be issued share capital of Rotork, a well-established global provider of mission-critical intelligent flow control solutions and a leading independent manufacturer of electric actuators.
The transaction is expected to further strengthen ABB’s focus on electrification and automation and expand its automation business area’s offering for large and complex infrastructure and industries.
Rotork’s business with well-established positions in mission-critical flow control and instrumentation is highly complementary to ABB’s existing automation portfolio and will strengthen ABB’s position at the field-device layer.
ABB would benefit from an expanded automation offering, enhancing the “sense-control-act” automation loop with intelligent field devices and software that continuously monitors and manages industrial processes for safer, more productive, and sustainable operations.
The mix of ABB’s Automation business would be improved through increased exposure to higher-margin products, services, and lifecycle revenues.
Through this proposed combination, Rotork would be able to benefit from ABB’s global scale, market reach, service presence and digital and technology capabilities.
This will facilitate accelerated growth in core and target segments with a further opportunity to expand the installed-base service model bringing additional lifecycle opportunities.
The combination will allow Rotork to accelerate the development of intelligent device diagnostics and asset management solutions with ABB’s digital platforms.
Additionally, Rotork would be able to leverage ABB’s trusted customer relationships and earlier project engagement to support participation in larger and more strategic projects, thereby accelerating penetration of new customers, applications, and geographies.
ABB expands automation offering with acquisition of Rotork
