TÜV Rheinland signs agreement to acquire part of ABB’s Energy Industries division

TÜV Rheinland has signed an agreement to acquire ABB’s UK technical engineering consultancy, part of ABB’s Energy Industries division. TÜV Rheinland will integrate this part into its industrial services and cybersecurity business in the UK. The transaction is expected to close in the second quarter of 2023. ABB’s UK technical engineering consultancy including a network of subcontractors and associates has around 160 people operating from two main sites in the northeast and the northwest of England. A specialist team of technical experts helps global energy customers improve process safety, equipment and asset integrity as well as technical design for new and existing industrial plants. The combined business will create a scalable, broad-based technical engineering provider delivering a full-service offer to the high hazard industries, supporting customers in the energy transition and energy security.