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Nov 18, 2020 • November 18, 2020 • 1 minute read • Join the conversation (Bloomberg) — ABB Ltd, the Swiss industrials giant, is considering a sale of its North American mechanical power transmission business Dodge, according to people familiar with the matter.

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ABB möchte offenbar Dodge und zwei weitere Geschäftsbereiche abstossen Bild: Bloomberg Schon im Vorfeld der Ankündigung von ABB am Donnerstag, Dodge und zwei weitere Geschäftsbereiche abzustossen, hätten Bieter angeklopft, sagten mit der Sache vertraute Personen der Nachrichtenagentur Reuters.

ABB, which has a market valuation of about 55 billion Swiss francs ($60 billion), bought Dodge, whose products include mounted bearings, enclosed gearing, couplings, sheaves, and bushings for industrial purposes, as part of its $4 billion purchase of Baldor Electric Company in … 2020-11-19 ABB, which has a market valuation of about 55 billion Swiss francs ($60 billion), bought Dodge, whose products include mounted bearings, enclosed gearing, couplings, sheaves, and bushings for industrial purposes, as part of its $4 billion purchase of Baldor Electric Company in … In 2019, ABB introduced Dodge® Food Safe mounted ball bearings, which are bearings designed to withstand caustic, high-pressure cleaning and sanitation processes. They are the first industrial bearings to achieve the IP69 water protection rating without the use of an end cover, and they are the only bearings to carry a warranty against failure due to water ingress.

Abb selling dodge

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The Baldor brand was retired in 2018. ABB plans to sell its Dodge power transmission arm 19 November, 2020 ABB has announced plans to sell off its Dodge mechanical power transmission division following a strategic review of its portfolio. It is also planning to dispose of its Turbocharging and Power Conversion divisions. ABB is open to selling the three units to business leaders in the same space, investors, or separate and float the businesses. Its business, called Dodge, made $575 million in sales with 90% FRANKFURT/ZURICH, Nov 19 (Reuters) - ABB's clutch and transmission manufacturer Dodge had already attracted interest from potential bidders before the Swiss engineering group announced it was exiting the business, people familiar with the matter told Reuters on Thursday.
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Abb selling dodge

19 November, 2020. ABB has announced plans to sell off its Dodge mechanical power transmission division following a strategic review of its portfolio.

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ABB's mechanical power transmission unit makes products including bearings used in industrial food processing operations and belted drives for conveyors in giant coal mines. The business, called Dodge, had 2019 sales of $575 million with 90% of it coming from the Americas.

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Back to search results The company also sells the Dodge brand of mechanical power transmission products, including mounted bearings, enclosed gearing, couplings, sheaves, and  6 Nov 2020 ABB named company veteran Roger Costa as president of its global mechanical power transmission division, also known as the Dodge  Its business, called Dodge, made $575 million in sales with 90% of it coming from the Americas. One unit that is soon to be eliminated is turbocharging which had  11:31:51 am.