ABB acquisition to strengthen emissions monitoring
ABB has announced that it has signed an agreement to acquire Födisch Group, a developer of measurement and analytical solutions for the energy and industrial sectors. The acquisition aims to enhance ABB’s offering in continuous emission monitoring systems (CEMS).
Headquartered in Markranstädt, Germany, where it operates a 3000 m2 production facility, and with further facilities across Germany, the Netherlands and China, Födisch Group offers solutions for addressing environmental, inspection and certification challenges across industries. Used in power plants, waste incineration facilities, the paper, glass and cement industries, Födisch Group’s analyser and dust solutions are designed to enable companies to 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.”
Födisch Group reported about €50 million in revenue and approximately 250 employees in 2023.
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