ABB announced a process to propose to its Annual General Meeting 2026 to decide on a 100 percent spin-off of its Robotics division. The intention is for the business to start trading as a separately listed company during the second quarter of 2026.
Peter Voser, Chairman of ABB, said: “The board believes listing ABB Robotics as a separate company will optimize both companies’ ability to create customer value, grow and attract talent. Both companies will benefit from a more focused governance and capital allocation. ABB will continue to focus on its long-term strategy, building on its leading positions in electrification and automation.”
ABB Robotics provides intelligent automation solutions to its global customer base. Customer value is created through the differentiated offering of the broadest robotics platforms, including Autonomous Mobile Robots, software and AI combined with proven domain expertise to a broad range of traditional and new industry segments. More than 80 percent of the offering is software/AI enabled.
Morten Wierod, CEO of ABB, added: “ABB Robotics is a leader in its industry and there are limited business and technology synergies between the ABB Robotics business and the remainder of ABB divisions, with different demand and market characteristics. We believe this change will support value creation in both the ABB Group and in the separately listed pure play robotics business.”
The ABB Robotics division has approximately 7,000 employees. With 2024 revenues of $2.3 billion it represented about 7 percent of ABB Group revenues and had an Operational EBITA margin of 12.1 percent.
If shareholders decide in favor of the proposal, the spin-off is planned to be done through a share distribution, whereby ABB Ltd.’s shareholders will receive shares in the company to be listed (working name “ABB Robotics”) as a dividend in-kind in proportion to their existing shareholding.
