ABB CEO says big acquisitions still possible
16/07/2026 08:25
ABB CEO says big acquisitions still possible ZURICH, July 16 (Reuters) - ABB ABBN.S could still carry out large acquisitions after a $5.5 billion deal for British automation company Rotork ROR.L, CEO Morten Wierod said on Thursday.
"Big deals are possible, this is one big deal for us, the biggest we have ever done," he said.
But ABB was not at the end of its acquisition "journey," Wierod said with a "good target pipeline" of further purchases under consideration.
(Reporting by John Revill; editing by Matthias Williams)
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