ABB – ABB to acquire BrightLoop expanding its off-highway vehicle and marine electrification business

ABB

  • Acquisition strengthens ABB’s position in the electrification of industrial off-highway vehicles and marine vessels
  • BrightLoop’s modular, software-defined power converters enable compact, high-efficiency energy systems for demanding environments
  • Supports ABB’s strategy to strengthen its position in sustainable transportation and energy transition technologies

 

ABB today announced it has signed an agreement to acquire BrightLoop, a French innovator in advanced power electronics, to accelerate its electrification strategy in industrial mobility and marine propulsion.