ABB Enhances Portfolio of High-Speed Industrial Robots With Codian Acquisition
October 02 2020 - 03:30AM
Dow Jones News
ABB has acquired Codian Robotics B.V., a leading provider of
delta robots, which are used primarily for high-precision pick and
place applications. Codian Robotics' offering includes a hygienic
design line, ideal for hygiene-sensitive industries including food
and beverage and pharmaceuticals. With the transaction, ABB is
accelerating its engagement in the growing field of delta
robots.
Codian Robotics is located in Ede, Netherlands and employs 20
people globally. The company will continue to serve its customers
directly. The acquisition was signed and closed on October 1, 2020
and both parties agreed not to disclose any details regarding the
purchase price.
"Our acquisition underscores our focus on breakthrough
technology, helping our customers to fully realize the potential of
automation and increase their flexibility in a rapidly changing
business landscape," said Sami Atiya, President of ABB Robotics
& Discrete Automation. "Codian Robotics' technologies and
industry expertise are the perfect addition to our suite of food
and beverage, pharmaceutical, service robotics and logistics
solutions, while also supporting ABB's machine-centric robotics
offering."
"Over the years, we have developed an extensive product
portfolio. ABB's impressive global presence and industry expertise
will help us make our portfolio available globally. I am looking
forward to working together to write the next chapter of our
success story," said Freek Hartman, Founder of Codian Robotics.
While today the majority of robots in the food and beverage
industry are not designed for touching food, Codian Robotics'
portfolio includes a hygienic design that allows safe, open food
processing.
"There is a strong need for pick and place robots that ensure
high hygienic standards, accelerated by the COVID-19 pandemic. Our
food and beverage, pharmaceutical and logistics customers are
particularly interested in the potential of automation, enabling
supply chains to continue to function, while protecting employee
welfare," added Atiya.
In the future, ABB will be able to provide its customers with a
broader range of delta robots and integrated solutions from a
single source, contributing to ABB's machine-centric robotics
strategy which integrates machine automation and robot control into
a single platform.
Hans Wimmer, President of ABB's Machine Automation division and
Managing Director of B&R, said: "With Codian Robotics we are
acquiring one of the world's most successful suppliers of delta
robots with an extraordinary track record in the machine builders'
sector. In the future, we will be able to offer our customers fully
integrated solutions -- globally and for all industries."
ABB Robotics & Discrete Automation is a pioneer in robotics,
machine automation and digital services providing innovative
solutions for a diverse range of industries, from automotive over
electronics to logistics. As one of the world's leading robotics
suppliers, we have shipped over 400,000 robot solutions. We help
our customers of all sizes to increase productivity, flexibility
and simplicity and to improve output quality. We support their
transition towards the connected and collaborative factory of the
future. ABB Robotics & Discrete Automation employs more than
10,000 people at over 100 locations in more than 53 countries.
www.abb.com/robotics
ABB (ABBN: SIX Swiss Ex) is a leading global technology company
that energizes the transformation of society and industry to
achieve a more productive, sustainable future. By connecting
software to its electrification, robotics, automation and motion
portfolio, ABB pushes the boundaries of technology to drive
performance to new levels. With a history of excellence stretching
back more than 130 years, ABB's success is driven by about 110,000
talented employees in over 100 countries. www.abb.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201002005143/en/
CONTACT: ABB Ltd
Affolternstrasse 44
8050 Zurich
Switzerland
Media Relations
Phone: +41 43 317 71 11
Email: media.relations@ch.abb.com
Investor Relations
Phone: +41 43 317 71 11
Email: investor.relations@ch.abb.com
SOURCE: ABB
Copyright Business Wire 2020
(END) Dow Jones Newswires
October 02, 2020 03:15 ET (07:15 GMT)
ABB (NYSE:ABB)
Historical Stock Chart
From Feb 2024 to Mar 2024
ABB (NYSE:ABB)
Historical Stock Chart
From Mar 2023 to Mar 2024