GE to Sell US $3 Billion Industrial Solutions Business

 

 

On Wednesday December 14, General Electric sold its US $3 billion industrial solutions business, which makes electrical equipment, as part of a push to focus on its core businesses.

In an investor presentation GE said, that they are estimated to raise US $4 billion from the sale of the unit as well as the previously announced sale of its water business. 

The industrial solutions business has about 13,000 employees and 30 plants globally.

Related Articles


Changing Scene

  • CSA Group Receives Greater Toronto’s Top Employers Award for 10th Consecutive Year

    CSA Group Receives Greater Toronto’s Top Employers Award for 10th Consecutive Year

    For the tenth consecutive year, CSA Group has been awarded as one of Greater Toronto’s Top Employers for 2026 by Mediacorp Canada Inc. This milestone reflects CSA Group’s continued commitment to fostering a workplace culture that supports employee wellbeing, professional growth, and community engagement. CSA Group’s global headquarters, located in Toronto, offers employees a range… Read More…

  • ABB Awarded Platinum Medal by EcoVadis for Outstanding Sustainability Performance

    ABB Awarded Platinum Medal by EcoVadis for Outstanding Sustainability Performance

    ABB has been awarded the Platinum medal from EcoVadis with a score of 84 out of a possible 100 points, placing the company among the top one percent of 130,000 companies assessed worldwide. EcoVadis is a trusted provider of business sustainability ratings offering a standardized, data-driven framework that allows companies to compare supplier performance. ABB… Read More…


Peers & Profiles