ABB Becomes Sole Owner Of CGM

Aug. 26, 2015
ABB acquires the remaining shares of CGM AB to become its sole shareholder.

ABB, the power and automation technology group, acquires the remaining shares of CGM AB to become its sole shareholder. Sweden-based CGM provides modern control room design and ergonomic solutions. The acquisition complements ABB’s portfolio of technology for enhancing the control room environment, from optimized design to ergonomic solutions with advanced functionality and improved safety standards.

CGM is based in Borås and Ryssby, Sweden and employs 54 people. CGM will become part of ABB’s Control Technologies business unit.

For more information, visit: www.abb.com

Sponsored Recommendations

Connect with an Expert!

Our measurement instrumentation experts are available for real-time conversations.

Heat Recovery: Turning Air Compressors into an Energy Source

More than just providing plant air, they're also a useful source of heat, energy savings, and sustainable operations.

Controls for Industrial Compressed Air Systems

Master controllers leverage the advantages of each type of compressor control and take air system operations and efficiency to new heights.

Discover Your Savings Potential with the Kaeser Toolbox

Discover your compressed air station savings potential today with our toolbox full of calculators that will help you determine how you can optimize your system!