ABB signed an agreement to acquire Germany-based Födisch Group, a leading developer of advanced measurement and analytical solutions, for an undisclosed amount. The deal enhances ABB’s offering in continuous emission monitoring systems (CEMS) and bolsters its competitiveness in technology and innovation.
Födisch offers solutions for addressing environmental, inspection and certification challenges across industries. Its analyzer and dust solutions enable cement companies, among others, to cost-effectively track emissions of pollutants.
“The acquisition of Födisch Group underscores ABB’s commitment to providing advanced continuous emission monitoring systems that have become vital for companies to monitor and mitigate emissions and comply with environmental regulations,” said Jacques Mulbert, president of ABB’s Measurement & Analytics division. “We are very impressed by what the Födisch Group has achieved and are eager to welcome their team to the ABB family. Integrating the Födisch Group into ABB will unlock significant opportunities for new and existing customers.”
The transaction is expected to close before the end of the year.
