ZURICH, Switzerland, May 27, 2025 – ABB has signed an agreement to acquire BrightLoop, a French company specializing in advanced power electronics. The acquisition is intended to support ABB’s electrification efforts in industrial mobility and marine propulsion domains. BrightLoop’s power conversion systems will add to ABB’s current product range, in applications like construction machinery, mining equipment, electric ferries, and offshore vessels. The transaction is expected to close in Q3 2025, pending regulatory approvals and standard closing procedures.
As part of the agreement, ABB will acquire an initial 93% controlling interest in BrightLoop, and expects to acquire the remaining 7% in 2028. BrightLoop’s management will continue to lead under ABB.
BrightLoop’s converters are designed for use in environments with limited space, weight and reliability requirements, making them suitable for applications in industrial vehicles and marine systems. In these applications, electrification improves energy efficiency and reduces fuel consumption, maintenance needs, and emissions. This results in a lower total cost of ownership over the lifecycle of the vehicle or vessel. BrightLoop uses silicon carbide and gallium nitride in its semiconductor domain. This approach supports a reliable system with efficiency.
“This acquisition is a strategic leap forward in our mission to help transport industries operate leaner and cleaner,” said Edgar Keller, president of ABB’s traction division. “BrightLoop’s software-defined power platform and expertise in high-performance applications will allow us to deliver even more value to our customers as they transition to cleaner, smarter energy systems.”
“We are proud and excited to join the ABB family. With our shared passion for power conversion, we’re ready to support the upcoming wave of electrification in large-scale production,” said Florent Liffran, CEO BrightLoop. “Together with the team, and thanks to ABB’s industrial and commercial strength, we will amplify our commitment to delivering outstanding products to fast-growing markets. We’re excited for what lies ahead, and deeply committed to creating value for our customers as part of ABB.”
By bringing in BrightLoop’s technology and team, ABB will expand its installed base, strengthen its digital tools, and accelerate product development for its electrification line. ABB will keep BrightLoop’s engineering and manufacturing in France, with plans to grow operations worldwide. Together, the companies will advance cleaner and sustainable power conversion.
Source: ABB
About ABB
ABB is a global technology leader in electrification and automation, headquartered in Zürich, Switzerland, and Västerås, Sweden. Formed in 1988 through the merger of Sweden’s ASEA and Switzerland’s Brown, Boveri & Cie, the company traces its roots back to 1883. ABB operates in over 100 countries, serving industries such as utilities, transportation, infrastructure, and manufacturing. Its offerings include robotics, industrial automation, electrification products, and motion solutions. As of 2024, ABB reported revenues of approximately $33 billion and employed around 110,000 people worldwide. The company operates in over 100 countries, across Europe, Asia, the Middle East, Africa, and the Americas. ABB focuses on innovation and sustainability by investing in research and development to support the shift toward a more resource-efficient future.
About BrightLoop
BrightLoop, established in 2010 and headquartered in Paris, France, designs and manufactures power electronics systems, with a focus on DC/DC and AC/DC converters. Its products are built for use in compact, high-efficiency, and scalable applications where reliability is essential under space and weight constraints. Originally developed for motorsports, BrightLoop’s technology is currently used across all ABB FIA Formula E vehicles and has since expanded into sectors such as aerospace, marine, hydrogen mobility, defense, and off-highway transportation. The company’s converter portfolio includes high- and low-voltage systems capable of bidirectional power flow, using advanced semiconductor technologies such as silicon carbide and gallium nitride. As of 2024, BrightLoop employed about 90 people and reported annual revenue of €16 million. The business has grown in line with rising electrification demands across its target industries. In May 2025, ABB announced plans to acquire BrightLoop to strengthen its position in industrial mobility and marine electrification. Both companies intend to continue supporting existing sectors while broadening their market reach.