Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan's Hitachi in 2018.

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Swiss industrial group ABB (OTCPK:ABBNY) plans to spin off its entire robotics division, the world's second-largest industrial robotics business. It generated sales of $2.3B in 2024, equivalent to ...

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ABB announced a process to propose to its Annual General Meeting 2026 to decide on a 100 percent spin-off of its Robotics ...

ABB’s ABBN4.40%increase; green up pointing triangle first-quarter earnings increase exceeded analysts’ expectations, and the company said it intends to spin off its robotics division.

ABB Ltd. plans to spin off and list its robotics unit in 2026, as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes industrial ...

The company intends for the robotics business to begin trading as a separately listed company in Q2 2026, pending shareholder approval. Shares in the new company, to be called ABB Robotics, will ...

ZURICH (Reuters) -Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan's ...