DEHN to acquire parts of ABB’s surge protection business in the USA

July/31/2024
DEHN to acquire parts of ABB's surge protection business in the USA

     Rapid electrification, the expansion of renewables and the increasing popularity of megatrends such as e-mobility open up new business opportunities around the globe, particularly for the electrical industry. In the light of this, the United States remains a high focus market, not least because of extensive government investment programs. In order to maintain a leading position in the region, DEHN is acquiring parts of ABB's surge protection business in the US. “International growth is central to the continued positive development of our company,” says Dr Philipp Dehn, CEO of DEHN SE. "The US market offers us a range of attractive business opportunities that we can now address even faster and on a wider scale thanks to the expertise and excellent market position of the Current Technology and Joslyn brands." 

     DEHN is stepping up its activities in the United States. In the spring of 2024, DEHN Inc. moved its headquarters to Mooresville, North Carolina. This will be the base for driving business development throughout the country and region as well as for establishing a production facility for the American market. In this context, the current acquisition acts as an additional catalyst for DEHN’s goals in the US and the rest of the Americas. 

   “In combination with our existing portfolio, the addition of Current Technology and Joslyn low-voltage products creates a unique offering for our customers in the US in the areas of power quality, grounding, lightning protection and surge protection," explains Ingo Rutenberg, CEO DEHN Americas. "From planning to the installation and maintenance of lightning and surge protection solutions, we can now cover a wide range of applications and tackle the problems faced by our customers in a targeted and customized manner."

     Both Current Technology and Joslyn are well-established and respected brands in the American market, which operate to date as part of ABB. In addition to the corresponding product portfolio including IP, the acquisition also includes a dense network of long-established sales partners in the United States. 

     Both parties have agreed not to disclose the financial details of the acquisition. Completion of the transaction is scheduled for Q1 2025. From this time onwards, all surge protection products under the names of Current Technology and Joslyn will be manufactured and distributed by the existing subsidiary DEHN, Inc.




                                                       DEHN将收购ABB在美国的部分电涌保护业务


      快速电气化、可再生能源的扩张以及电动汽车等大趋势的日益普及,在全球范围内开辟了新的商机,尤其是电气行业。有鉴于此,美国仍然是一个高度关注的市场,尤其是因为广泛的政府投资计划。为了保持在该地区的领先地位,DEHN正在收购ABB在美国的部分电涌保护业务。DEHN SE 首席执行官 Philipp Dehn 博士表示:“国际增长对于我们公司的持续积极发展至关重要,美国市场为我们提供了一系列有吸引力的商业机会,由于 Current Technology 和 Joslyn 品牌的专业知识和卓越的市场地位,我们现在可以更快、更广泛地抓住这些机会。


       DEHN正在加强其在美国的活动。2024年春季,DEHN Inc.将总部迁至北卡罗来纳州穆尔斯维尔。这将成为推动整个国家和地区业务发展以及为美国市场建立生产设施的基础。在此背景下,此次收购为DEHN在美国和美洲其他地区的目标起到了额外的催化剂作用。


      DEHN Americas 首席执行官 Ingo Rutenberg 解释说:“结合我们现有的产品组合,Current Technology 和 Joslyn 低压产品的加入为我们在美国的客户在电能质量、接地、防雷和浪涌保护领域创造了独特的产品。“从雷电和电涌保护解决方案的规划到安装和维护,我们现在可以涵盖广泛的应用,并以有针对性和定制化的方式解决客户面临的问题。”


      Current Technology 和 Joslyn 都是美国市场上知名且受人尊敬的品牌,迄今为止,它们作为 ABB 的一部分运营。除了包括知识产权在内的相应产品组合外,此次收购还包括在美国建立的长期销售合作伙伴的密集网络。


       双方同意不披露此次收购的财务细节。该交易计划于2025年第一季度完成。从这个时候开始,Current Technology 和 Joslyn 名下的所有电涌保护产品将由现有的子公司 DEHN, Inc. 制造和分销。




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