ABB has announced it has signed an agreement to acquire BrightLoop to accelerate its electrification strategy in industrial mobility and marine propulsion. The acquisition will expand ABB’s capabilities in delivering compact, rugged, and intelligent power conversion systems tailored for the most demanding applications — from construction and mining equipment to electric ferries and offshore vessels. The transaction is expected to close in Q3 2025, subject to regulatory approvals and customary closing conditions. Financial terms were not disclosed.
As part of the agreement, ABB will acquire an initial 93% controlling interest in BrightLoop, and expects to acquire the remaining 7% minority interests in 2028. BrightLoop’s management team will remain a key part of the business.
Founded in 2010 and based in Paris, France, BrightLoop employs around 90 people and generated revenues of approximately 16 million euros in 2024. The business has experienced strong growth in recent years, driven by the accelerating shift toward electrification across its core industries. The company offers a broad portfolio of high- and low-voltage DC/DC converters designed to handle bidirectional power flows with high efficiency, compactness, and scalability. BrightLoop’s technology was originally developed for the high-performance demands of motorsports and is currently featured in all cars on the ABB FIA Formula E grid.
BrightLoop’s converters are built to perform in harsh environments where space, weight, and reliability are critical, making them especially well-suited for electrifying industrial vehicles and marine vessels. In these applications, electrification not only improves energy efficiency but also significantly reduces fuel consumption, maintenance needs, and emissions. This results in a lower total cost of ownership over the life cycle of the vehicle or vessel. By leveraging advanced semiconductor technologies such as silicon carbide and gallium nitride, BrightLoop remains at the forefront of high-voltage, high-efficiency power electronics.
The integration of BrightLoop’s technology and team will enable ABB to expand its serviceable installed base, enhance its digital capabilities, and accelerate innovation across its electrification portfolio. ABB plans to retain BrightLoop’s engineering and manufacturing footprint in France, and to invest in scaling its operations globally. The combined strengths of both companies will support a shared vision: to empower the energy transition through intelligent, efficient, and sustainable power conversion.
