ABB buys Envitech Energy to expand in North-American rail market

ABB, the power and automation technology group, is to acquire Canada-based Envitech Energy, to expand its technology offering in the electrical equipment and solutions sector for rail infrastructure. Envitech Energy, of Pointe Claire, Quebec, Canada, has 36 employees and supplies rail electrical equipment and solutions for urban transportation applications, including traction rectifiers, traction power components, trackside braking energy absorption devices, automatic grounding and energy storage solutions.

ABB’s customers will benefit from advanced rail energy efficiency solutions through Envitech Energy’s expertise in power electronics and energy storage.

“This acquisition is in line with our divisional strategy to expand our technology platform and solutions offering in the attractive global and regional rail market,” said Ulrich Spiesshofer, head of ABB’s Discrete Automation and Motion division. “The Envitech Energy team will bring a wealth of engineering expertise and a strong entrepreneurial spirit to our North American power electronics and rail businesses. Their deep application and solutions expertise as well as their great products will be a valuable addition to our existing rail portfolio.”

ABB has grown its rail activities considerably in recent years, evolving into a major supplier to numerous train manufacturers and local network operators. ABB’s rail business revenue has grown significantly over the last years at a compound annual rate of about 30%. In 2010, ABB secured more than $1Bn in orders.

“We are excited to join the ABB Group,” said Réjean Larouche, President of Envitech Energy. “Combining our forces with ABB is a logical next step for the growth of our business. It will expand our reach and help create optimal solutions for customers.”

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