ABB to Acquire SEAM Group to Expand Electrification Service Offering

ABB to Acquire Premium Power to Expand Electrical Engineering Advisory Capabilities in Europe

February 19, 2026

IT Services

ABB entered into an agreement to acquire Premium Power, an Ireland-based electrical engineering consultancy headquartered near Dublin. The acquisition will strengthen ABB’s Electrification Service advisory offering (ABB Navigate) with expanded expertise in power system studies, grid compliance modelling, power quality assessments, and electrical safety/risk management. The deal is expected to close in the first quarter of 2026, and financial terms were not disclosed.

ABB to Acquire IPEC to Strengthen Electrical Diagnostics and Predictive Maintenance

December 16, 2025

IT Services

ABB has entered into an agreement to acquire IPEC, a UK-based technology company specializing in early detection of electrical equipment failures. The acquisition will enhance ABB’s Electrification Service predictive maintenance portfolio, with the deal expected to close in the first quarter of 2026; financial terms were not disclosed.

ABB Acquires Lumin to Expand Residential Energy Management in North America

January 14, 2025

Energy

ABB has acquired U.S.-based Lumin, a provider of residential energy management hardware and cloud software, following a 2023 strategic minority investment. The acquisition brings Lumin's load-management hardware, integrations for solar and storage, and homeowner-facing software into ABB's Electrification portfolio to broaden its North American home electrification and smart-home offerings.

ABB Acquires Aurora Motors

November 5, 2024

Industrial Services

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.

SEAM Group Acquires Electrical Engineering & Service, Co. (EESCO)

February 10, 2022

Industrial Services

SEAM Group, a PE-backed energized-asset performance platform, has acquired Electrical Engineering & Service, Co. (EESCO), a NETA-accredited electrical power systems testing, commissioning, and maintenance provider headquartered in Holbrook, Massachusetts. The add-on expands SEAM Group's NETA-certified testing and medium-/high-voltage preventive maintenance capabilities across New England and broadens its service offering for switchgear, transformers, protective relays, and related electrical distribution equipment.

ABB Acquires Controlling Stake in InCharge Energy

January 27, 2022

Energy

ABB has acquired a controlling stake (approximately 60%) in InCharge Energy, an EV commercial charging infrastructure and fleet electrification solutions provider based in California. The transaction expands ABB E-mobility's software, services and turnkey charging capabilities in North America to accelerate fleet electrification and broaden its commercial customer offering; financial terms were not disclosed.