ABB has completed its acquisition of Thomas & Betts, advancing ABB's strategy of expanding its Low-Voltage Products division into new geographies, sectors and products.
The combination of Thomas & Betts' electrical components and ABB's low-voltage protection, control and measurement products will create a broader low-voltage offering. In North America, the combination will double ABB's addressable market to approximately US$24 billion. Thomas & Betts' North-American network of more than 6,000 distributor locations and wholesalers will provide greater access for ABB low-voltage products. In Europe and Asia, distribution capabilities and coverage will be expanded through ABB's established channels.