ABB becomes sole shareholder of CGM

Aug 26, 2015

CGM, a Sweden-based company, that provides modern control room design and ergonomic solutions for maximum control room operator effectiveness has been acquired by ABB. The U.S-based leader in power and automation technologies has acquired CGM's remaining shares, making ABB its sole shareholder.

The acquisition complements ABB's portfolio with the latest technology for enhancing the control room environment. An advanced control room design helps ensure that technology and an operator's efficiency are simultaneously in focus, and a well designed control room increases any industrial plant's productivity and safety.

Ilpo Ruohonen, Managing Director of ABB's Control Technologies business unit said that combining ABB's control system with CGM's control room design and equipment, will give operators the best possible working environment.

"We look forward to being an even more integral part of ABB and to contributing our know-how and premium solutions for efficient operator environments," said Pierre Schäring, CEO of CGM.

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