#Industry News
ABB to acquire Födisch Group strengthening global leadership in continuous emission monitoring
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 approximately 250 employees in 2023. The transaction is subject to customary closing conditions. Financial details of the transaction, which is expected to close before the end of the year, were not disclosed.