Deal closed Aug 2024 · North America Verified
Integrated Power Services acquires ABB Industrial Services business
Integrated Power Services (IPS) finalized the acquisition of ABB's Industrial Services business, effective August 31, 2024. The deal adds electric motor, generator, mechanical, switchgear, and circuit breaker service centers to IPS's North American network.
“Integrated Power Services (IPS), a North American leader in the servicing, engineering, and remanufacturing of electrical, mechanical, and power management systems, has finalized the acquisition of ABB’s Industrial Services business, effective August 31, 2024.”
Entities
ABB · Target Integrated Power Services · Acquirer
Electrical Sentiment: Positive
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