ABB Installation Products ABB Installation Products (formerly known as Thomas & Betts) is a designer and manufacturer of connection management products. | |||||
Founding Date | Founding Date 1962 | Founding Date 2017 | Founding Date 1959 | Founding Date 1898 | Founding Date 1985 |
Type | Type Public | Type Subsidiary | Type Public | Type Subsidiary | Type Public |
Tags | |||||
Locations | Locations Billingstad, NO HQ Ningbo, CN Suzhou, CN Lanškroun, CZ Horsens, DK Metzingen, DE Hong Kong, HK see more | Locations München, DE HQ Saedinenie, BG Horní Suchá, CZ Düsseldorf, DE Grassau, DE Leipzig, DE Mauerstetten, DE see more | Locations Chiryu, JP HQ São Paulo, BR Shanghai, CN Suzhou, CN Kelsterbach, DE Gurugram, IN Minami Alps, JP see more | Locations Cary, US HQ | Locations Helsinki, FI HQ Kuressaare, EE Tallinn, EE Hong Kong, HK Bengaluru, IN Tumkur, IN Námestovo, SK see more |
Employees | Employees 2,391 | Employees 578 | Employees 2,911 | Employees 9,400 | Employees 900 |
Valuation ($) | Valuation ($) 562.7 m | Valuation ($) N/A | Valuation ($) 1.4 b | Valuation ($) N/A | Valuation ($) 342 m |
Financial | |||||
Revenue (est.) | Revenue (est.) €738.3m (FY, 2025) | Revenue (est.) €2.5m (FY, 2024) | Revenue (est.) ¥127.4b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) €214.6m (FY, 2025) |
Cost of goods | Cost of goods €488.8m (FY, 2025) | Cost of goods N/A | Cost of goods ¥72b (FY, 2025) | Cost of goods N/A | Cost of goods €140.5m (FY, 2025) |
Gross profit | Gross profit €249.5m (FY, 2025) | Gross profit €28.9m (FY, 2024) | Gross profit ¥55.4b (FY, 2025) | Gross profit N/A | Gross profit €76.5m (FY, 2025) |
Net income | Net income €43.8m (FY, 2025) | Net income €5.8m (FY, 2024) | Net income ¥10.9b (FY, 2025) | Net income N/A | Net income €14m (FY, 2025) |

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