ABB announced the completion of its previously disclosed 50/50 joint venture with Niedax Group, leading to the formation of Abnex, Inc. This new entity is set to enhance offerings in the North American market.
The joint venture aims to broaden solutions and advance opportunities within the rapidly expanding North American cable management market. This strategic move addresses evolving customer needs for electrical infrastructure.
Abnex, Inc. will leverage the complementary product and service portfolios of both ABB and Niedax Group. The integration is expected to meet the growing demand for comprehensive electrical infrastructure solutions in the region.
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