NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Agency / Source: ABB Robotics / ABB Ltd

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ABB to Acquire SEAM Group to Expand Electrification Service Offering - ABB announced today that it has entered into an agreement to acquire SEAM Group, a major provider of energized asset management and advisory services to clients across industrial and commercial building markets - SEAMG.com / ABB.com
ABB to Acquire SEAM Group to Expand Electrification Service Offering

 

NewswireTODAY - /newswire/ - Zurich, Switzerland, 2024/02/16 - ABB announced today that it has entered into an agreement to acquire SEAM Group, a major provider of energized asset management and advisory services to clients across industrial and commercial building markets - SEAMG.com / ABB.com. ABBN: SIX Swiss Ex

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy / Hydrogen Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• Broadens ABB’s Electrification Service portfolio with industrial asset management and advisory services in the US, adding 3,000 additional customer sites;
• Enables ABB to meet the increasing demand to modernize and optimize assets for safer, smarter and more sustainable operations.

The acquisition will complement ABB’s Electrification Service offering, bringing significant additional expertise to customers in the areas of predictive, preventive, and corrective maintenance, electrical safety, renewables and asset management advisory services. The transaction is subject to regulatory approvals and expected to close in Q3 2024. Financial terms were not disclosed.

SEAM Group (seamgroup.com) offers a suite of services including strategic advisory, custom training, advanced technology and data management solutions to help clients improve their safety and operational performance by securing asset uptime and improving productivity.

The Company has nearly 250 employees and supports more than 1 million energized assets for over 800 active clients operating across 50 US states, as well as in the Americas, EMEA and Asia. With its presence at around 3,000 customer sites and a strong foothold in fast-growing segments such as commercial buildings, data centers, healthcare, manufacturing and renewables including EV charging infrastructure, SEAM Group will extend ABB’s low- and medium-voltage services where reliable and available power is critical.

“For many industries, every minute of production time counts. Proactive asset management is now a priority for industrial companies to guarantee peak performance of electrical systems and overall operational efficiency, safety and sustainability,” said Stuart Thompson, Division President, ABB Electrification Service.

“This acquisition is part of our ongoing strategy to create a new force in electrification service, broadening our offering and footprint in the US. By sharpening our approach in one of our key markets, we will be able to offer customers complete asset lifecycle management services, while expanding our field service coverage across North America.”

Colin Duncan, Chief Executive Officer for SEAM Group said: “The synergies between SEAM Group and ABB are clear. From our shared values of customer focus, collaboration and enabling a more sustainable future, to our complementary portfolios, together we will deliver new levels of operational performance while supporting companies in their energy transition. We look forward to becoming part of ABB and the opportunity to bring the best of SEAM Group and ABB to our customers.”

ABB (abb.com) is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on over 140 years of excellence, ABB’s more than 105,000 employees are committed to driving innovations that accelerate industrial transformation.

SEAM Group (seamgroup.com) is a global leader in energized asset performance focused on delivering safety, reliability, and maintenance solutions to some of the world's largest companies. Inspecting more than one million assets annually, SEAM Group offers a proven platform combining strategic advisory, custom training, advanced technology, and actionable data management to position customers for success.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy / Hydrogen Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ABB Robotics / ABB Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy / Hydrogen articles,
CATCH Visitors via Your Competitors Announcements!


ABB to Acquire SEAM Group to Expand Electrification Service Offering

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
SEAM Group | ABB
Contact: Press Office - ABB.com 
+41 43 317 71 11 media.relations[.]ch.abb.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ABB Robotics / ABB Ltd securities in any jurisdiction including any other companies listed or named in this release.

Energy / Hydrogen via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ABB Robotics / ABB Ltd / Company Profile


Read Energy / Hydrogen Most Recent Related Newswires:

Bekaert to Provide Mooring Solution Analysis on World’s Largest Offshore Floating Solar Power Plant
Bekaert Joins TAILWIND Project to Develop Floating Offshore Wind Mooring Solutions
Voith Founds Company for Hydrogen Storage Systems
Infineon and HD Korea Shipbuilding & Offshore Engineering Jointly Develop Ship Electrification Technology
Bekaert and Edison Next Sign A Twelve-year On-site Solar Power Purchase Agreement (PPA) At the Bekaert Plant in Sardinia (Italy)
Toshiba Receives Order for Power Generation Equipment for Renovation of Geothermal Power Plant in Kenya
ABB Signs Agreement to Support Major Power-to-X Green Hydrogen Project in the US
Bekaert and Toshiba Sign A Partnership Agreement on MEA Technology for PEM Electrolyzers to Accelerate the Advance Towards Green Hydrogen Production A
Tractebel Supports Thorizon on Molten Salt Reactor Development
Former Thermal Power Plant to be Replaced by Cutting-edge Emissions Reduction Gas Facility to Power One Million Homes in Belgium
Yokogawa Provides Remote Operation/Monitoring System and Video Monitoring Solution for Japan's Largest Wind Farm
Tantalus Launches TRUGrid™ Transformer to Accelerate Grid Modernization
TDK Ventures Invests in Singapore-based Startup Amperesand to Empower Global Electrification through Solid State Transformers
ABB to Support New H2 Green Steel Plant in Sweden with Around 1,200 Energy-efficient Drives
ANDRITZ to Supply Equipment for Major Pumped Storage Project in Greece

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  RightITnow, Inc.





 
  ©2005-2024 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)