Fimer becomes the 4th largest Inverter provider with the acquisition of ABB Inverter business
- Mar 23, 2020
- 1 min read
Fimer, the leading Italian Inverter maker recently completed their acquisition of ABB’s manufacturing and R&D sites in Finland, Italy and India. Fimer projects that the combined business will ship more than 7 GW of inverters this year. The acquisition began in July 2019 and was finally completed this month.
Fimer in a statement said that “Fimer’s commitment is to continue to create value and maintain existing facilities as well as employment levels. Investment in research and development are of key importance. As a result, Fimer decided to maintain both the R&D hub in Finland and manufacturing plants Italy and India.”
Came for the topic and stayed for the quality of the execution. Came for a quick game at Ragdoll Archers and stayed because the quality of the experience kept pulling me back in.
Came for the topic and stayed for the quality of the execution. Came for a quick game at Eggy Car and stayed because the quality of the experience kept pulling me back in.
There is something relaxing about using unblocked games because everything feels quick and straightforward.
I almost scrolled past this but something made me click and I am so glad it did. Same thing happened with moto x3m and it has been in my bookmarks ever since.
It's honestly wild to see Fimer growing this fast, but I'm just here trying to fix my file formats with a heic png converter so I can actually open my project photos. Expanding into those ABB sites in Finland and India is a huge move for them. Hopefully, they can keep the R&D momentum going like they promised.