ABB has finalized its acquisition of French advanced power electronics company BrightLoop, securing a 93% controlling interest with the remaining 7% to be acquired by 2028. The deal marks a key milestone in ABB’s strategy to expand its role in electrification across mining, industrial mobility, and marine propulsion. Financial details of the transaction were not disclosed.
Founded in 2010 and headquartered in Paris, BrightLoop is best known for its high-performance DC/DC converters, originally designed for motorsports and now deployed across the ABB FIA Formula E racing series. The company has since expanded its applications into critical industries including construction, mining, marine, aerospace, hydrogen mobility, and defence.
Commenting on the deal, Edgar Keller, President of ABB’s Traction division, said the acquisition strengthens ABB’s position in the global electrification market. “It’s a significant milestone that strengthens our position in the electrification space and brings valuable expertise into ABB as we continue to support the transition to cleaner, more efficient transport systems,” Keller said.
Florent Liffran, CEO of BrightLoop, welcomed the move: “This is an exciting new chapter for BrightLoop and our 90 employees. With ABB’s global scale and shared commitment to innovation, we’re looking forward to accelerating our growth and continuing to deliver cutting-edge power electronics to the industries that need them most.”
The acquisition positions ABB and BrightLoop to drive further advances in compact, efficient, and scalable power systems critical for enabling smarter, cleaner energy solutions across multiple sectors.
