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ABB divests UK technical engineering consultancy
11 May 2023
ABB has completed the divestment of its UK technical engineering consultancy business, part of its Energy Industries division, to TÜV Rheinland, following a strategic portfolio review. The financial terms of the transaction have not been disclosed.
ABB’s consultancy business, which complements TÜV Rheinland’s existing risk, safety and integrity management services, has been integrated into the Industrial Services and Cybersecurity business of TÜV Rheinland in the UK.
ABB’s UK technical engineering consultancy, including a network of subcontractors and associates, has around 160 people operating from two main sites in northeast and northwest England. A specialist team of technical experts helps global energy customers improve process safety, equipment and asset integrity as well as technical design for new and existing industrial plants.