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ASEA





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Allmänna Svenska Elektriska Aktiebolaget (English translation: General Swedish Electrical Limited Company; Swedish abbreviation: ASEA) was a Swedish industrial company.

Allmänna Svenska Elektriska Aktiebolaget
Company typePublicly traded aktiebolag
IndustryElectrical engineering
Founded1883 (1883)
Defunct31 December 1987 (1987-12-31) (merged with Brown Boveri to form ABB)
SuccessorABB
Headquarters ,

History

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ASEA swastika logo used from the late nineteenth century until 1933

ASEA was founded in 1883[1] by Ludvig Fredholm in Västerås as a manufacturer of electrical light and generators.[2] After merging with Wenström's & Granström's Electrical Power Company (Wenströms & Granströms Elektriska Kraftbolag) the name was changed to Allmänna Svenska Elektriska Aktiebolaget, literally the "General Swedish Electrical Limited Company", or ASEA for short.[2]

In 1987, it announced a merger with the Swiss company Brown, Boveri & Cie (BBC) to form ABB.[1][3] The merge took effect on 1 January 1988.[4] After this merger, ABB acquired several companies, including the power transmission and distribution operations of the Westinghouse Electric Corporation and the Combustion Engineering Group.[1]

Business management

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CEOs

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Chairman of the Board

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See also

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References

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  1. ^ a b c Crainer, Stuart. ""A.B.B., the Dancing Giant" by Kevin Barham and Claudia Heimer". strategy+business. Retrieved 2020-10-09.
  • ^ a b c "Tämä ei enää olisi mahdollista: ASEA myi sähkötarvikkeita hakaristin voimalla" [This would no longer be possible: ASEA sold electrical supplies under the power of a swastika]. Kauppalehti (in Finnish). 4 October 2018. Retrieved 2020-10-09.
  • ^ "BBC-Brown, Boveri and Asea Announce Merger". Associated Press. Retrieved 2020-10-09.
  • ^ ASEA-BBC merger Modern Railways issue 472 January 1988 page 34
  • Further reading

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  • Retrieved from "https://en.wikipedia.org/w/index.php?title=ASEA&oldid=1226793522"
     



    Last edited on 1 June 2024, at 21:23  





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    This page was last edited on 1 June 2024, at 21:23 (UTC).

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