ABB has announced the acquisition of Solutions Industry & Building (SIB), a prominent manufacturer of high-quality cable protection products used in industrial, railway, and hazardous environments. This move strengthens ABB’s position in markets such as rail, mining, original equipment manufacturing (OEM), and specialized industries across Europe, the Middle East, and North America. Financial details of the transaction were not disclosed.
SIB specializes in producing electrical installation equipment, cable glands, couplings, and accessories made from brass, stainless steel, and plastic. These products serve industries such as electrical, railway, shipping, and mining, as well as hazardous sectors like oil and gas. The acquisition will expand ABB’s portfolio of cable protection solutions and complement its existing brands, including PMA®, Harnessflex®, and Adaptaflex®.
Founded in 1922 and based in Boulay-Moselle, France, SIB has long been a leader in the French market, maintaining strong relationships with major players in energy, transportation, and construction. In 2023, SIB achieved revenues of approximately $27 million and serves over 2,000 customers globally.
Khalid Mandri, President of ABB Installation Products, commented, “The need for safe and reliable electrification solutions continues to rise. By adding SIB’s expertise and product portfolio, we can enhance our capabilities and product range in specialized markets, further advancing our strategy of growth and innovation.”
SIB Chairman Gilles Lherbier added, “Joining ABB is a significant milestone for SIB. This partnership will allow us to expand our product offerings and leverage ABB’s global presence to better serve our customers.”
ABB Installation Products, formerly Thomas & Betts, has a long history of delivering electrification solutions. The company offers over 200,000 products under 38 premium brand names, helping to power businesses, cities, homes, and transportation worldwide.
ABB is a global leader in electrification and automation, focused on creating a sustainable and efficient future by enhancing performance and productivity across industries. With more than 105,000 employees worldwide, it’s shares are listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB).
