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09
'24
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ABB News
ABB AND NIEDAX GROUP TO MEET GROWING DEMAND FOR CABLE TRAY SYSTEMS IN NORTH AMERICA
The plan is to deliver advanced solutions and services to electrical contractors, distributors and systems integrators across the United States, Canada and Mexico.
Bjoern Kleister, Head of Strategy & Business Development, ABB Installation Products, Khalid Mandri, President of ABB Installation Products, Bruno Reufels, Chief Executive Officer of Niedax Group, and Cornelius Steele, Member of the Executive Board, Niedax Group
Electrification and automation leader ABB and Niedax Group, a leading global supplier of cable management systems, have entered into an agreement to form a new 50/50 joint venture. The transaction is subject to customary closing conditions. Expected to close and commence operations in Q4 2024, the collaboration will integrate the North American cable tray businesses of ABB’s Installation Products Division and Niedax Group into a new joint venture.
Demand for cable tray systems has steadily increased and is estimated to be one of the fastest-growing areas of electrical components within North America. Used in electrical systems across a broad range of applications such as electric power distribution, communications and technology, construction, manufacturing and more, cable tray provides structural support and organization for electrical cables, raceways and conductors. As demand for electricity continues to grow, the joint venture will leverage the strengths and resources of ABB and Niedax Group to deliver greater customer value through a comprehensive solution offering, enhanced logistics capabilities, local R&D and production, and specialized services.
A selection of ABB Installation Products cable management systems: T&B® Cable Tray, Aluminum Ladder tray, T&B® Cable Tray, Aluminum Ventilated tray, T&B® Cable Tray, Aluminum Solid trough tray
The planned joint venture will offer ABB Installation Products, T&B® Cable Tray and ExpressTray® Steel Wire Basket Tray product lines, as well as Niedax Group’s MonoSystems®, Canadian Electrical Raceways and other Niedax® product lines. The combined product portfolio of cable management solutions will be extensive, spanning a wide range of configurations, finishes and types of cable and ladder trays, wire baskets, channel and perforated tray, floor systems and boxes, accessories and fittings. Customers will have the ability to customize solutions to meet their needs.
Electrification and automation leader ABB and Niedax Group, a leading global supplier of cable management systems, have entered into an agreement to form a new 50/50 joint venture. The transaction is subject to customary closing conditions. Expected to close and commence operations in Q4 2024, the collaboration will integrate the North American cable tray businesses of ABB’s Installation Products Division and Niedax Group into a new joint venture.
Demand for cable tray systems has steadily increased and is estimated to be one of the fastest-growing areas of electrical components within North America. Used in electrical systems across a broad range of applications such as electric power distribution, communications and technology, construction, manufacturing and more, cable tray provides structural support and organization for electrical cables, raceways and conductors. As demand for electricity continues to grow, the joint venture will leverage the strengths and resources of ABB and Niedax Group to deliver greater customer value through a comprehensive solution offering, enhanced logistics capabilities, local R&D and production, and specialized services.
A selection of ABB Installation Products cable management systems: T&B® Cable Tray, Aluminum Ladder tray, T&B® Cable Tray, Aluminum Ventilated tray, T&B® Cable Tray, Aluminum Solid trough tray
The planned joint venture will offer ABB Installation Products, T&B® Cable Tray and ExpressTray® Steel Wire Basket Tray product lines, as well as Niedax Group’s MonoSystems®, Canadian Electrical Raceways and other Niedax® product lines. The combined product portfolio of cable management solutions will be extensive, spanning a wide range of configurations, finishes and types of cable and ladder trays, wire baskets, channel and perforated tray, floor systems and boxes, accessories and fittings. Customers will have the ability to customize solutions to meet their needs.
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