
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