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ABB completes divestment of mechanical power transmission division to RBC Bearings

03 Nov 2021 Evaluate

ABB has completed divestment of mechanical power transmission division (Dodge) to RBC Bearings for $ 2.9 billion in cash. With the divestment, ABB has completed the first of the three previously announced exits from divisions.

It is an important milestone in ABB’s strategy of active portfolio management and further strengthens its balance sheet.

ABB is a leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.

ABB India Share Price

7205.20 175.25 (2.49%)
20-Apr-2026 11:22 View Price Chart
Peers
Company Name CMP
Havells India 1309.65
Siemens 3737.70
Apar Inds 11957.40
ABB India 7205.20
Waaree Energies 3447.45
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