ABB Buys BrightLoop for Electrification

ABB Acquires BrightLoop to Advance Industrial Electrification

Strategic Acquisition Finalized

ABB has completed its acquisition of BrightLoop, a French power electronics innovator. This move strengthens ABB’s electrification capabilities across key industrial sectors. The transaction gives ABB 93 percent controlling interest immediately.

Expanding Technology Portfolio

BrightLoop brings advanced DC/DC converter technology to ABB’s portfolio. These high-performance systems originated in motorsports applications. Today they serve multiple industries including construction, mining and marine sectors.

Leadership Perspective

Edgar Keller, President of ABB Traction, emphasized the strategic importance. “This acquisition marks a significant milestone for our electrification strategy. It enhances our ability to support cleaner, more efficient transport systems worldwide.”

BrightLoop’s New Chapter

Florent Liffran, BrightLoop CEO, welcomed the integration. “With ABB’s global scale, we can accelerate our growth trajectory. Our team remains committed to delivering cutting-edge power electronics solutions.”

Technical Applications

BrightLoop’s compact power converters address critical industry needs. Their technology optimizes performance where reliability, space and weight constraints matter most. Current applications span hydrogen mobility, aerospace and defense sectors.

Market Impact Analysis

This acquisition positions ABB as a stronger player in industrial electrification. BrightLoop’s specialized expertise complements ABB’s existing motion and traction businesses. The combination creates comprehensive solutions for demanding applications.

Future Integration Plans

The companies will combine resources to accelerate technology development. ABB plans to acquire the remaining 7 percent stake by 2028. This demonstrates long-term commitment to the power electronics market.

Industry Implications

Industrial electrification represents a growing market segment. ABB’s investment signals confidence in sustainable transportation solutions. The partnership will drive innovation in power conversion technology.

About the Companies

ABB stands as a global leader in electrification and automation technologies. The company employs approximately 110,000 people worldwide. ABB’s shares trade on SIX Swiss Exchange and Nasdaq Stockholm.

ABB Motion specializes in motors, drives and electric powertrain solutions. The division serves industrial customers across 100 countries with energy-efficient technologies.

BrightLoop developed pioneering DC/DC converter systems since 2010. The company’s technology currently powers all vehicles in the ABB FIA Formula E championship.

Frequently Asked Questions

What does ABB gain from this acquisition?

ABB acquires advanced power electronics technology and expertise. This strengthens their position in industrial electrification markets.

Which industries will benefit most?

Mining, marine, construction and mobility sectors gain immediate advantages. The technology addresses critical power conversion challenges.

Will BrightLoop continue operations independently?

BrightLoop integrates into ABB’s organization while maintaining technological focus. The combined entity leverages ABB’s global distribution network.

What are the financial terms?

Transaction details remain confidential. ABB acquired 93 percent ownership with plans to reach 100 percent by 2028.

How does this affect current customers?

Existing customers benefit from enhanced support and expanded service capabilities. Product development accelerates through combined engineering resources.