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ABB Completes Acquisition of Lorentzen & Wettre - Swedish manufacturer of quality control and process optimization solutions strengthens and expands ABB’s pulp and paper offering
ABB Completes Acquisition of Lorentzen & Wettre

 

PRZOOM - /newswire/ - Zurich, Switzerland, 2011/10/03 - Swedish manufacturer of quality control and process optimization solutions strengthens and expands ABB’s pulp and paper offering. NYSE: ABB

   
 
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ABB, the leading power and automation technology group, today announced that it has completed its acquisition of Lorentzen & Wettre from ASSA ABLOY AB.

Lorentzen & Wettre manufactures equipment for quality control, process optimization and test instrumentation for the pulp and paper industry. The acquisition enhances ABB’s position as a leading pulp and paper solutions provider and complements ABB’s existing portfolio. Lorentzen & Wettre will be integrated into ABB’s Process Automation division.

About ABB

ABB (abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 130,000 people.

 
 
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Agency / Source: ABB Robotics / ABB Ltd

 
 

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ABB Completes Acquisition of Lorentzen & Wettre

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Contact: Antonio Ligi / Thomas Schmidt - ABB.com 
+41 43 317 6568 media.relations[.]ch.abb.com
 
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