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Heavy Electrical Equipment
Deals18 Apr 2025, 02:36 am

ABB to Spin Off Robotics Division as Separately Listed Company

AI Summary

ABB Limited, Zurich, Switzerland, has announced a plan to spin off its Robotics division as a separately listed company. The spin-off is expected to be distributed to ABB’s shareholders as a dividend in-kind in proportion to existing shareholding in the second quarter of 2026. ABB Robotics is a technology leader, providing intelligent automation solutions to help global customers achieve improved productivity, flexibility, and simplicity. The division is a strong performer in its industry, with approximately 7,000 employees and 2024 revenues of $2.3 billion, representing about 7 percent of ABB Group revenues.

Key Highlights

  • ABB to spin off its Robotics division as a separately listed company
  • Planned for the second quarter of 2026
  • ABB Robotics is a technology leader and provides intelligent automation solutions
  • Approximately 7,000 employees and 2024 revenues of $2.3 billion
  • Expected to benefit both ABB Group and the separately listed pure play robotics business
ABB
Heavy Electrical Equipment
ABB India Limited

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