The Global Resource For Connecting Buyers and Sellers

Integrated Power to acquire ABB industrial services business

Integrated Power Services (IPS) is acquiring the assets of ABB’s industrial services business. The acquisition brings to IPS five well-equipped electric motor, generator, mechanical, switchgear, and circuit breaker service centers in Edmonton, Alberta, Burlington, Ontario, Arizona, Indiana, and North Carolina.

The ABB business offers high-quality repair and field service capabilities for electric motors up to 50,000 hp  (37,285 kW) and low and medium-voltage switchgear equipment from 480 V to 15 kV. Additionally, the service centers perform rotating equipment repair services for pumps, compressors, blowers, bearings, gearboxes, and OHV mining drivetrains.

This agreement follows IPS’ acquisition of ABB’s hydro-generator and transformer repair business in June 2022.

Source: MINING.COM – Read More