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Deal announced May 2023 · Montreal, Canada / New Hampshire, USA Verified

BrainBox AI to acquire ABB's multisite retail energy management integrator business

BrainBox AI announced an agreement to acquire ABB's multi-site retail (MSR) energy management system integrator business, including its New Hampshire-based team and an installed base of over 12,000 retail locations. For ABB this is a carve-out of its MSR business unit.

“MONTREAL — BrainBox AI announced an agreement to acquire ABB’s multi-site retail (MSR) energy management system integrator business. With the objective of accelerating the decarbonization journey for retailers, BrainBox AI intends to integrate ABB’s MSR business, its experienced team based in New Hampshire, USA, and an installed base of over 12,000 retail locations in its current operations.”

Entities

ABB · Target BrainBox AI · Acquirer
HVAC
Source: www.achrnews.com

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