ABB plans to acquire Rotork for $5.5 billion to expand its automation business portfolio.

```htmlGolden Ten Data, July 16th｜Swiss industrial technology giant ABB has announced it will acquire UK flow control equipment manufacturer Rotork in an all-cash deal at 503 pence per share. This acquisition values Rotork at approximately $5.5 billion, representing a premium of about 60% over the company's average share price in the last three months. ABB stated that the acquisition will further expand its automation business portfolio by incorporating Rotork's flow control and instrumentation products, complementing its existing automation product lineup. The transaction is expected to be completed in the first half of 2027, pending approval from Rotork shareholders and customary regulatory clearances.```