Industry Intelligence Mergers and Acquisitions

ABB Closes Acquisition of SEAM Group

Acquisition bolsters electrification service offerings in the U.S. ABB has finalized the acquisition of SEAM Group, a US-based provider of energized…

Michael Webb | August 07, 2024

Acquisition bolsters electrification service offerings in the U.S.

ABB has finalized the acquisition of SEAM Group, a US-based provider of energized asset management and advisory services to clients across industrial and commercial building markets. The transaction was completed Aug. 1, following the acquisition announcement in February this year. SEAM Group will join ABB's Electrification Service division, bolstering its service offering in the U.S. to support utility, industrial and commercial customers in their efforts to improve safety and operational performance and reach critical sustainability targets by securing asset availability, energy optimization and improved productivity.

ABB Electrification Service is a global leader in the management and modernization of critical electrical assets and infrastructure, deploying thousands of service experts across the globe to help customers optimize their operations and achieve their sustainability goals. SEAM Group will significantly grow ABB's global network of Electrification Service experts, more than doubling the company's number of field-based technicians in the U.S. alone.

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