Integrates strengths of Niedax Group and ABB to deliver a complete solution offering and enhanced customer value
Expands North American cable tray manufacturing capabilities to serve evolving customer needs
Builds on decades of innovation to accelerate collaboration and product development
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 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.
“Growth in many of the industries we serve is driving increased demand for cable tray products and services. Partnering with Niedax Group will create new opportunities, accelerate collaboration and product development, and maximize value for our cable tray customers coast-to-coast,” said Khalid Mandri, President, ABB Installation Products Division. “With complementary offerings, advanced manufacturing capabilities, deep industry relationships and a shared focus on high-performance products, establishing this joint venture enables us to work together to pioneer future-ready cable management solutions to support growth in these transitioning industries.”
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.
“The intention to form a joint venture represents a significant milestone in our strategy to drive sustainable growth and enhanced customer value," said Bruno Reufels, CEO of Niedax Group. "By integrating ABB's extensive expertise in digital technologies and trusted brands and Niedax's industry-leading cable management systems, we are well-positioned to meet the evolving needs of our customers and bring our combined expertise to emerging opportunities in the North American market.”
ABB’s Installation Products Division and Niedax Group are working to ensure a smooth transition for the more than 200 employees across the U.S. and Canada who will be part of the new organization. The team will include engineering, manufacturing and R&D specialists, and sales and product management experts. The companies aim to build on their combined expertise to expand their existing product portfolio and leverage automated and sustainable manufacturing practices to drive increased efficiency and value within the electrification industry.
ABOUT THE NIEDAX GROUP
Niedax Group is one of the leading suppliers of cable management systems worldwide. It is operating at 67 locations, including 23 production sites, in over 30 countries. More than 2,500 employees are currently working for Niedax Group. Niedax offers around 50,000 items in the electrical installation sector. Its products are mainly used in public buildings, tunnels, infrastructure projects, industrial and automotive plants, maritime systems, as well as in the energy sector and shipbuilding. The Niedax Group, headquartered in Linz/Rhine, Germany, has been family-owned since its founding in 1920.
ABOUT ABB
ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on over 140 years of excellence, ABB’s more than 105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com
ABB Electrification is a global technology leader making efficient and reliable use of electricity from source to socket possible. With more than 50,000 employees across 100 countries, we collaborate with our customers and partners to solve the world’s greatest challenges in electrical distribution and energy management. We help businesses, industry, and consumers run their facilities and homes efficiently and reliably. As the energy transition accelerates, we are electrifying the world in a safe, smart and sustainable way. go.abb/electrification