Fimer becomes the 4th largest Inverter provider with the acquisition of ABB Inverter business

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.”