Exor

Overview

EXOR Croatia was founded in 1989 in Zagreb and is a specialist company offering engineering support solutions in the fields of automation in industrial plants, automation and protection in power generation, traffic control, building automation. The company offers support at various phases of a project including contracting, development, design, manufacturing, erection and commissioning, to maintenance and service during operation.

Unique Selling Points

-EXOR d.o.o operates in Croatia, Serbia, Bosnia and Herzegovina, Macedonia, Slovenia, Russia, India, Kazakhstan and Italy.

-The company has grown into major regional player developing and supplying a variety of platforms and ‘turnkey’ solutions that include the delivery of distributed control systems, engines and regulated motor drives, as well as instrumentation and electrification for industrial and power plants.

The Investor

ABB is a global leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact.

The Deal

Acquisition of a large portion of the business of EXOR (Croatia, BIH, Serbia and Macedonia), strengthening ABB's market position in Croatia and neighboring countries. The transaction enables ABB to further increase business activities in process automation, providing complete solutions for various industrial applications.