ABB to Spin Off Robotics Division as Standalone Company by 2026
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ABB to spin out its robotics division
Swiss industrial equipment giant ABB is to spin out its robotics division. With 7,000 employees and 2024 revenues of $2.3bn, this would create the world’s second largest robotics company after Mitsubishi Electric Automation. Fanuc in Japan is third largest in revenue with $1.38bn. To do this, the company is launching a process to propose this […] The post ABB to spin out its robotics division appeared first on eeNews Europe.
ABB plans to spin off Robotics Division | industry news updates - India's best industrial news video channel
ABB plans to spin off Robotics Division ABB on Thursday announced that it will launch a process to propose to its Annual General Meeting 2026 to decide on a 100 percent spin-off of its Robotics division. “The intention is for the business to start trading as a separately listed company during the second quarter of […]
ABB to spin off robotics division, creating standalone public company by 2026
Swiss industrial giant ABB says it is planning to spin off its robotics division, establishing it as an independent, publicly traded company by the second quarter of 2026. This strategic move aims to enhance focus and agility for both ABB and the new entity, provisionally named “ABB Robotics”. ABB’s robotics division, recognized as the world’s […]
ABB to Spin Off Robotics Division as Standalone Company by 2026
ABB to Spin Off Robotics Division as Standalone Company by 2026 (IN BRIEF) ABB has announced its intention to spin off its Robotics division as an independent company, with a targeted listing in Q2 2026. The spin-off will be executed via a dividend in-kind, allowing shareholders to receive shares in the new company, tentatively called “ABB Robotics.” The decision aims to enhance strategic focus and value creation for both ABB and the newly liste…
ABB plans to spin off its robotics division - The Robot Report
ABB Robotics makes industrial systems such as this IRB robot demonstrating friction stir welding. Source: ABB One of world’s top industrial automation providers is becoming more independent. ABB Group announced during its earnings call today that it plans to spin off its entire robotics division. The Zurich-based company said it intends for the business to start trading as a separately listed company in the second quarter of 2026. “Today, we als…
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