2025-04-17 16:07:45.AIbase.17.3k
ABB to Spin Off Robotics Business as 100% Independent Public Company, Targeting Q2 2026 Launch
ABB Group announced plans to spin off its robotics business as a 100% independent entity, intending to submit the proposal to the 2026 Annual General Meeting. The plan aims to launch ABB Robotics as an independently traded public company in the second quarter of 2026. This move is designed to provide ABB Robotics with a more focused capital structure and governance, enhancing its growth potential. ABB Chairman, Peter Voser, stated that the board believes that spinning off the robotics business will better optimize both companies for their customers.