Deal Timeline and Conditions
The transaction is slated to close in the first quarter of 2026, pending regulatory clearances and standard closing conditions, the companies said.
ABB’s Industrial Legacy
ABB — Asea Brown Boveri — traces its roots to the 1988 merger of Sweden’s ASEA and Switzerland’s Brown, Boveri & Cie. Today, it stands as a global leader in electrification and automation, supplying robotics, power, motion and digital solutions to industries worldwide. The company is listed on stock exchanges in Zurich and Stockholm.
Legal Advisors Behind the Deal
White & Case’s advisory team was led by partner Timo Airisto. He was supported by Helsinki-based associates Roosa Väre, Martina Castrén, Satu Lindvall, Asmo Esser, Emma Elopuro and Joshua Sung, along with Stockholm associates Marcus Halling and Emil Adméus.
As grids evolve from steel and copper into data-driven systems, the ABB Netcontrol acquisition underscores how the future of electricity is increasingly written in code as much as current.
