ABB Acquires Aurora Motors
November 5, 2024
ABB has signed an agreement to purchase Aurora Motors, a U.S.-based provider of vertical pump motors valued at about $4 million. The acquisition is intended to enhance ABB’s NEMA Motors product portfolio, expand its supply chain, and improve support for its global customer base, with closing expected before the end of ABB’s 2024 fiscal year.
- Buyers
- ABB
- Targets
- Aurora Motors
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Addon
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