Products from the Energy and Power Technology, Automotive Technology, and Teardowns & Cost Benchmarking can be found on this website. For products comprising the rest of the IHS Markit Technology portfolio, please visit The Energy and Power Technology content migrates to from October 28th. Note: you will need to log in again when navigating between these websites.

Market Insight

Fimer to acquire ABB’s solar inverter business

July 09, 2019  | Subscribers Only

Want to learn more?
Have an expert contact you.

Fimer signs an agreement to acquire ABB’s solar inverter business on the 9th July with the acquisition expected to reach financial closure in Q1 2020. ABB will pay Fimer approximately $323 million in the transaction. In addition, ABB will incur separation costs and other non-operational expenses related to the divestiture. In total, ABB expects to take an after-tax non-operational charge of approximately $470 million in the second quarter of 2019.

Please login to read full insight.

Research by Market
Power & Energy Technology
Share facebook Twitter Google Plus Linked In Add This Contact Us