HITACHI's full takeover of ABB grid will go hand in hand with Germany's Siemens

Release Time：2018-12-18

The news that ABB plans to sell its power equipment business, which has been rumored since October, has finally come to an end. It was determined that Hitachi had reached an agreement with ABB to acquire a 80.1 percent stake in its grid subsidiary for $6.2 billion million, its biggest buyout since it was founded in 1910. According to the announcement, the transaction will be carried out in the form of a joint venture. ABB will initially continue to hold the remaining 19.9 per cent of the shares, which it can choose to sell three years after the transaction is completed, and Hitachi has a purchase option on this part of the shares. Hitachi plans to invest billions more over the next five years or so to fully take over ABB's power grid business.

We are an independent branding studio and creative business partner for clients who are ready for extraordinary solutions. To deliver such solutions we dig deep into a brand’s essence and values, clearly understand them, and then inject them into the design.

This is the surest way to move beyond design for design’s sake and give consumers a brand that is both undeniably relevant and incredibly engaging. Sure, it’s also a process by which we’ve been competing with world’s leading brands and won many respectable awards. But awards aren’t our goal. While they provide proof of our creativity, the appreciation of our works and offer credibility that comes from peer recognition, they are ultimately a means to acquiring ever more difficult challenges. And that is ultimately what get’s us up in the morning:the thrill of working with clients to try and tackle increasingly challenging branding problems that then lead to successful businesses for clients. Intrigued? Why not give us a shout today and see how we can transform your brand and your business.

The power grid project will speed up again, and the construction of ultra-high voltage will meet the new peak.

The 2018 Exchange Meeting on Application and Skill Improvement of Live Detection Technology for Electric Power Equipment Held Successfully

The power grid project will speed up again, and the construction of ultra-high voltage will meet the new peak.

The 2018 Exchange Meeting on Application and Skill Improvement of Live Detection Technology for Electric Power Equipment Held Successfully

COOKIES

Our website uses cookies and similar technologies to personalize the advertising shown to you and to help you get the best experience on our website. For more information, see our Privacy & Cookie Policy

COOKIES

required

These cookies are necessary for basic functions such as payment. Standard cookies cannot be turned off and do not store any of your information.

analyze

These cookies collect information, such as how many people are using our site or which pages are popular, to help us improve the customer experience. Turning these cookies off will mean we can't collect information to improve your experience.

Feature

These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third-party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

advertise

These cookies help us understand what you are interested in so that we can show you relevant advertising on other websites. Turning these cookies off will mean we are unable to show you any personalized advertising.

Business License