GEIS will be integrated into ABB’s Electrification Products (EP) division, led by Tarak Mehta, as a new business called Electrification Products Industrial Solutions (EPIS). Stephanie Mains, who was previously president and CEO of GE Industrial Solutions, will lead the new business as managing director. As part of the transaction, ABB has established a long-term strategic relationship to supply GE with products and services from its portfolio. ABB has a long-term right to use the GE brand.

“The product portfolios of GE Industrial Solutions and ABB are highly complementary,” says Mehta. “Together we will have a comprehensive combined portfolio, as well as an expanded global footprint, sales force and distribution network.

“We are committed to servicing the GEIS installed base and will now be able to provide a more technologically advanced and digitally connected offering to our customers around the world,” he adds. “Together, we will strengthen ABB’s number two position in electrification globally, and expand our access to the attractive North American market.”

ABB’s CEO Ulrich Spiesshofer says that the combination “reinforces ABB’s position as a worldwide leader in electrification and accelerates our growth and competitiveness in key markets, particularly North America. As one of Thomas Edison’s original businesses, GEIS is the cradle of electrification – a legacy that we will preserve and build on, now that GEIS is part of ABB.”