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ABB acquires Solutions Industry & Building to expand its cable protection systems

In December 2024, ABB announced its acquisition of Solutions Industry & Building (SIB), a leading manufacturer of premium cable glands and construction industry products. This strategic move strengthens ABB’s presence in specialized markets, including rail, mining, OEM, and more across Europe, the Middle East, and North America. The acquisition enhances ABB’s portfolio of electrical installation equipment, bolstering its product offerings in critical industries like electrical, railway, mining, and hazardous environments.

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Strengthens presence in rail, original equipment manufacturing (OEM) and other specialized markets across Europe, the Middle East and North America.

Zurich, Switzerland, December 2024 – ABB announced recently it has acquired Solutions Industry & Building (SIB), a leading manufacturer of construction industry building products and premium cable glands used to protect critical electrical equipment in industrial, railway and hazardous environment applications. The acquisition of SIB strengthens ABB’s presence in rail, mining, OEM and specialty markets across Europe, the Middle East and North America. Financial terms were not disclosed.

In addition to a full range of electrical installation equipment and connection systems for the construction market, SIB designs, manufactures and sells premium cable glands, couplings and accessories in brass, stainless steel and plastic for the electrical, railway, shipping and mining industries, as well as certified products for hazardous environments such as oil and gas applications. The acquisition brings nearly 100 employees to ABB and will expand the ABB Installation Products portfolio of premium cable protection solutions and complement its specialty brands, including PMA® cable protection, Harnessflex® cable management systems and Adaptaflex® conduit systems.

Founded in 1922 and headquartered in Boulay-Moselle, France, SIB has been held since 2019 by Galiena Capital, a French Investment fund. SIB’s century-strong heritage and long-standing relationships with top energy, transportation, industrial and construction partners have made it an industry leader in the French market. In 2023, the company generated revenues of approximately $27 million (25 million euros) and currently serves more than 2,000 customers worldwide.

Located in Boulay-Moselle, France, SIB is a leading manufacturer of construction industry building products and premium cable glands used to protect critical electrical equipment in industrial, railway and hazardous environment applications.

“The need for safe and reliable electrification solutions continues to grow, and the addition of SIB brings an industry-leading portfolio and century of expertise to expand our capabilities and product range in highly specialised markets,” said Khalid Mandri, President, ABB Installation Products Division. “Bringing together this team will strengthen our offering and complementary portfolios as part of our ongoing strategy to invest in opportunities that accelerate growth, extend our reach in key markets and provide our customers high-quality, innovative solutions.“

SIB Chairman Gilles Lherbier said, “This marks a significant milestone in SIB’s long history and provides a strong platform to build on our combined expertise and extend our connection and protection products as part of a highly respected global company like ABB.”

Building on its long history of pioneering in electrification, ABB Installation Products creates solutions to safely connect and protect electrical systems that power businesses, cities, homes and transportation. With more than 200,000 products under 38 premium brand names, ABB Installation Products, formerly Thomas & Betts, solutions are found wherever electricity is used around the world and in space. 

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