{"id":104716,"date":"2026-07-17T15:04:57","date_gmt":"2026-07-17T15:04:57","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/104716\/"},"modified":"2026-07-17T15:04:57","modified_gmt":"2026-07-17T15:04:57","slug":"rotork-agrees-4-1billion-takeover-by-swiss-giant-abb","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/104716\/","title":{"rendered":"Rotork agrees \u00a34.1billion takeover by Swiss giant ABB"},"content":{"rendered":"<p>A major British manufacturer is set to become the latest UK company to be snapped up by an overseas buyer.<\/p>\n<p>The multibillion-pound deal comes as foreign firms continue to target British businesses amid relatively low stock market valuations.<\/p>\n<p>Swiss engineering giant ABB has agreed a \u00a34.1billion deal to buy British manufacturer Rotork, making it the latest UK company to be taken over by an overseas business.<\/p>\n<p>Rotork, which is based in Bath, makes flow control equipment mainly used by the oil and gas industry. ABB will pay 506p a share under the deal.<\/p>\n<p>The takeover follows a string of overseas bids for UK-listed companies in recent months, including Tate &amp; Lyle, easyJet, Intertek and Evoke.<\/p>\n<p>ABB chief executive Morten Wierod said the company had admired Rotork for many years.<\/p>\n<p>&#8220;ABB has followed Rotork over many years, and we admire the execution excellence, engineering quality and customer trust that Rotork&#8217;s teams deliver each day,&#8221; he said.<\/p>\n<p>He said the takeover would strengthen ABB&#8217;s automation business.<\/p>\n<p>ABB said Rotork would continue to operate as a standalone business within the group.<\/p>\n<p>The company also warned that some jobs could be lost where back-office and support roles overlap. However, it said any reductions were &#8220;not expected to be material&#8221;.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" id=\"552cb\" data-rm-shortcode-id=\"6da125ae41c401e85e173cd75c8b7488\" data-rm-shortcode-name=\"rebelmouse-image\" class=\"rm-shortcode rm-lazyloadable-image \" lazy-loadable=\"true\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201024%20683'%3E%3C\/svg%3E\" data-runner-src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/07\/abb.jpg\" width=\"1024\" height=\"683\" alt=\"ABB\"\/><\/p>\n<p>Swiss engineering giant ABB has agreed a \u00a34.1billion deal to buy British manufacturer Rotork<\/p>\n<p> | <\/p>\n<p>GETTY<\/p>\n<p>ABB added: &#8220;ABB does not intend to make any other headcount reductions that would be material.&#8221;<\/p>\n<p>Rotork chairwoman Dorothy Thompson backed the deal, saying the two companies were a strong fit because they both focus on automation and electrification to improve efficiency and support more sustainable operations.<\/p>\n<p>The Rotork deal forms part of a mounting wave of overseas acquisitions sweeping through British business.<\/p>\n<p>In June, food ingredients group Tate &amp; Lyle accepted a \u00a32.7billion offer from American competitor Ingredion, with directors unanimously endorsing the cash proposal.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" id=\"52e7a\" data-rm-shortcode-id=\"54986f8365153f75cc8531a1727e6962\" data-rm-shortcode-name=\"rebelmouse-image\" class=\"rm-shortcode rm-lazyloadable-image \" lazy-loadable=\"true\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201024%20689'%3E%3C\/svg%3E\" data-runner-src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/07\/abb-robot.jpg\" width=\"1024\" height=\"689\" alt=\"ABB robot\"\/><\/p>\n<p>Rotork chairwoman Dorothy Thompson backed the deal, saying the two companies were a strong fit <\/p>\n<p> | <\/p>\n<p>GETTY<\/p>\n<p>US delivery platform DoorDash finalised its \u00a32.9 billion purchase of Deliveroo earlier this year, while Swiss insurer Zurich secured an \u00a38.1billion agreement to buy FTSE 100 firm Beazley in March.<\/p>\n<p>Asset manager Schroders also agreed to go private through a \u00a39.9billion takeover by US investment firm Nuveen.<\/p>\n<p>Office for National Statistics figures reveal that 163 British companies were acquired by foreign purchasers during the opening quarter of 2026, representing transactions worth \u00a314.2billion.<\/p>\n<p>This followed a four-year high of \u00a333billion in deals during the final three months of 2025.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" id=\"7683a\" data-rm-shortcode-id=\"5e703ad26cb112077b2964927479719f\" data-rm-shortcode-name=\"rebelmouse-image\" class=\"rm-shortcode rm-lazyloadable-image \" lazy-loadable=\"true\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%202000%201333'%3E%3C\/svg%3E\" data-runner-src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/07\/engineering-company.jpg\" width=\"2000\" height=\"1333\" alt=\"Engineering company\"\/><\/p>\n<p>Rotork makes flow control equipment mainly used by the oil and gas industry<\/p>\n<p> | <\/p>\n<p>GETTY<\/p>\n<p>Analysts point to comparatively weak valuations on London&#8217;s equity markets as a primary driver behind this acquisition spree.<\/p>\n<p>While the FTSE 100 has shown year-on-year improvement, its growth has lagged behind other major markets, particularly in the United States.<\/p>\n<p>This disparity has led international buyers, especially American firms, to view British competitors as undervalued and attractive acquisition targets.<\/p>\n","protected":false},"excerpt":{"rendered":"A major British manufacturer is set to become the latest UK company to be snapped up by an&hellip;\n","protected":false},"author":2,"featured_media":104717,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[130],"tags":[232,39,2790,5435,12130],"class_list":["post-104716","post","type-post","status-publish","format-standard","has-post-thumbnail","category-abb","tag-abb","tag-economy","tag-jobs","tag-money","tag-sgg"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116935938915081163","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/104716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=104716"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/104716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/104717"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=104716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=104716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=104716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}