The Swiss group ABB has signed an agreement to buy the British company Rotork, a company specialising in the control of the flow and industrial automation, which in 2025 recorded revenues of £777.3 million (€914 million), of which £351.2 million in the Oil & Gas sector alone. ABB has submitted an offer for the acquisition of the English company, which It has more than 3,500 employees, based on a price of 503 pence for each share in Rotork, for a total enterprise value equal to about 5.5 billion dollars. "The advice of - commented Dorothy Thompson, president of Rotork, announcing the acceptance of the offer - believes that ABB's offering reflects Rotork's high quality and recognises the significant progress made through the successful implementation of our Growth+ strategy, while delivering an attractive opportunity for Rotork shareholders to Accelerate value creation and strong future prospects of the company, with a cash payment at closing". "The Board - he added - also believes that the operating model and a commitment to operate Rotork as a division will benefit the group's business, employees and all stakeholders".

Meanwhile, ABB closed the second quarter of this year with revenues of $9.47 billion, an increase of +14% over the same period in 2025. Operating profit amounted to to 1.58 billion (+8%) and net profit to 1.26 billion (+6%). In the quarter, the Swiss Group significantly increased its value of orders acquired in the period that resulted from $12.04 billion (+30%).

In the first half of 2026, the value of the orders acquired totaled $23.34 billion, up +31% on the first half of last year, and revenues stood at 18.21 billion (+16%). Operating profit and net profit recorded increases of +14% and +13% respectively, rising to 3.36 billion and 2.59 billion.