ABB announced the acquisition of B&R, the largest independent provider focused on product- and software-based, open-architecture solutions for machine and factory automation worldwide. Financial details of the deal were not released.
B&R, founded in 1979 by Erwin Bernecker and Josef Rainer is headquartered in Eggelsberg, Austria, employs more than 3,000 people, including about 1,000 R&D and application engineers.
It operates across 70 countries, generating sales of more than $600 million in the $20 billion machine and factory automation market segment. The combination will pair B&R’s products, software and solutions for modern machine and factory automation with ABB’s robotics, process automation, digitalization and electrification.
With the acquisition, ABB will expand its industrial automation offering by integrating B&R’s products in PLC, Industrial PCs and servo motion as well as its software and solution suite.
B&R has grown successfully with a revenue CAGR of 11 percent over the last two decades, according to ABB.