ABB expands offering for oil and gas sector

Zurich, Switzerland, November 12, 2008 – ABB, the leading power and automation technology group, has signed an agreement to acquire the business of Ber-Mac Electrical and Instrumentation Ltd. of Calgary, Canada, in order to expand its presence and capabilities in the oil and gas sector. ABB did not disclose the value of the transaction, which is subject to the customary regulatory approvals….more at