This acquisition will enhance ABB’s capabilities in providing distribution network automation solutions for the power industry and address the growing demand for digitalization of power grids.
The product portfolio covers advanced grid automation solutions to achieve efficient grid management.
Netcontrol’s advantages in the field of power grid automation, combined with ABB’s product layout and global network, create new growth opportunities.
On December 18, 2025, ABB announced that it had signed an agreement to acquire Netcontrol, a supplier of distribution network automation solutions for power companies and critical infrastructure operators. The transaction is expected to be completed in the first quarter of 2026, subject to regulatory approval and regular delivery conditions. The financial terms of the transaction were not disclosed.
With the acceleration of the electrification process and the advancement of energy transition, the power grid is facing multiple pressures such as growing electricity demand, an increasing proportion of renewable energy, and frequent extreme weather. The International Energy Agency (IEA) predicts that electricity will account for 50% of global energy consumption by 2050. Against this backdrop, the power grid urgently needs to enhance its resilience through intelligence and digitalization. The combination of ABB’s electrical product portfolio and Netcontrol’s advanced distribution network automation technology will help customers accelerate the digital transformation of their power grids. Netcontrol is headquartered in Helsinki, Finland, and has approximately 100 employees. The company was founded in 1991 and is currently held by the Swedish private equity fund Procuritas Partners.
From left: Sami Kurunsaari (CEO of Netcontrol), Jussi Holopainen (Procuritas), Sami Raitakoski (ABB)
Adrian Guggisberg, the global president of ABB’s power distribution systems, said: “The power grid is becoming a bottleneck in the energy transition.” Power expansion and grid upgrading are key to ensuring energy resilience and meeting the demands of population and industrial growth. With the integration of new loads such as renewable energy, electric vehicles and heat pumps, the reliable operation of the power grid is becoming increasingly complex. Power companies urgently need to ensure the stability, resilience and flexibility of the power grid through digitalization and automation. The acquisition of Netcontrol is highly consistent with our strategy of expanding our distribution network automation product portfolio and is an important step in helping customers achieve outstanding performance.
After the transaction is completed, Netcontrol’s products and services are expected to be integrated into ABB’s power distribution systems product portfolio and sold through its global sales channels.
Sami Kurunsaari, the CEO of Netcontrol, said: “Joining ABB marks an exciting new stage in the development history of our company.” For a long time, we have won the high trust of our customers with our safe and reliable distribution network automation solutions and close technical collaboration. As a part of ABB, we will leverage its global scale, product portfolio and market coverage capabilities to bring our technology and professional experience to more power and industrial customers. At the same time, we will continue to invest to provide existing customers with products and services that they are familiar with and trust.
Important Statement on Forward-looking Information
This press release contains forward-looking information and statements based on current expectations, estimates and projections. Such expectations, estimates and predictions can usually be identified by statements containing words such as “expect”, “believe”, “estimate”, “predict” or similar expressions. However, there are numerous risks and uncertainties, most of which are beyond our control and may affect our ability to achieve any specific goals, including whether this transaction can ultimately be completed. Although ABB believes that the expectations reflected in its forward-looking statements are based on reasonable assumptions, it cannot guarantee that such expectations or any specific goals, purposes and results will eventually be achieved.
