31 January 2012
The move will give ABB access to Thomas & Betts network of more than 6,000 distributor locations and wholesalers in North America. We are told that the transactions would also double ABB’s addressable low-voltage products market, to approximately $24 billion in North America, and will enable distribution of Thomas & Betts products through ABB’s global network.The move forms part of ABB’s 2015 strategy, to expand its geographic and product scope in one of its most profitable businesses.
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