ABB (Zurich, Switzerland; www.abb.com) has completed its acquisition of Lorentzen & Wettre from Assa Abloy AB. Lorentzen & Wettre manufactures equipment for quality control, process optimization and test instrumentation for the pulp-and-paper industry. The acquisition enhances ABB’s position as a leading pulp-and-paper solutions provider and complements ABB’s existing portfolio. Lorentzen & Wettre will be integrated into ABB’s Process Automation division.
There is no pdf available for this short news item