ABB has officially completed its acquisition of BrightLoop, a French pioneer in advanced power electronics, marking a key step in ABB’s strategy to accelerate electrification across mining, industrial mobility and marine propulsion. The transaction gives ABB a 93% controlling interest in BrightLoop, with the remaining 7% expected to be acquired by 2028. Financial terms were not disclosed.
Founded in 2010 and based in Paris, France, BrightLoop has built a strong reputation for its high-performance DC/DC converters, originally developed for motorsports and now used in every car on the ABB FIA Formula E grid. These compact, efficient, and scalable systems are now being deployed in sectors such as construction, mining, marine, aerospace, hydrogen mobility, and defense, where reliability, space, and weight are critical to performance.
Commenting on the announcement, Edgar Keller, President of ABB’s Traction division, said: “We’re very pleased to have successfully completed the acquisition of BrightLoop. It’s a significant milestone that strengthens our position in the electrification space and brings valuable expertise into ABB as we continue to support the transition to cleaner, more efficient transport systems.”
“This is an exciting new chapter for BrightLoop and our 90 employees. With ABB’s global scale and shared commitment to innovation, we’re looking forward to accelerating our growth and continuing to deliver cutting-edge power electronics to the industries that need them most”, said Florent Liffran, CEO of BrightLoop.
Together, ABB and BrightLoop are set to accelerate the shift to cleaner, smarter, and more efficient energy systems.