ABB to acquire BrightLoop expanding its off-highway vehicle and marine electrification business
Petre Barac
Posted On May 21, 2025
ABB today announced it has signed an agreement to acquire BrightLoop, a French innovator in advanced power electronics, to accelerate its electrification strategy in industrial mobility and marine propulsion.
The transaction is expected to close in Q3 2025, subject to regulatory approvals and customary closing conditions. Financial terms were not disclosed.
As part of the agreement, ABB will acquire an initial 93% controlling interest in BrightLoop, and expects to acquire the remaining 7% minority interests in 2028. BrightLoop’s management team will remain a key part of the business.
Founded in 2010 and based in Paris, France, BrightLoop employs around 90 people and generated revenues of approximately 16 million euros in 2024. The business has experienced strong growth in recent years, driven by the accelerating shift toward electrification across its core industries. The company offers a broad portfolio of high- and low-voltage DC/DC converters designed to handle bidirectional power flows with high efficiency, compactness, and scalability.
BrightLoop’s technology was originally developed for the high-performance demands of motorsports and is currently featured in all cars on the ABB FIA Formula E grid.
“This acquisition is a strategic leap forward in our mission to help transport industries operate leaner and cleaner” said Edgar Keller, President of ABB’s Traction division. “BrightLoop’s software-defined power platform and expertise in high-performance applications will allow us to deliver even more value to our customers as they transition to cleaner, smarter energy systems.”
“We are proud and excited to join the ABB family. With our shared passion for power conversion, we’re ready to support the upcoming wave of electrification in large-scale production” said Florent Liffran, CEO BrightLoop. “Together with the team, and thanks to ABB’s industrial and commercial strength, we will amplify our commitment to delivering outstanding products to fast-growing markets. We’re excited for what lies ahead, and deeply committed to creating value for our customers as part of ABB.”
