ABB Acquires Electric Vehicle Charging, Paper Processing Technologies

Aug. 1, 2011
The ABB Group (, the multinational power and automation technologies company with headquarters in Zurich, has recently added two new companies to its arsenal: Swedish manufacturer Lorentzen & Wettre, and Netherlands-based Epyon B.V.

Epyon B.V ( specializes in charging technology for electric vehicles, infrastructure for direct current (DC) fast-charging stations, and software for network chargers. The company’s DC fast-charging stations reportedly reduce the time it takes to power up an electrical vehicle while using a standard alternative current (AC) charger outlet from 6-8 hours to 15 minutes. Other technology includes monitoring software that links billing and administrative information for charging station owners, and specialized tailoring of charging to various cars’ power requirements.

The addition of Epyon B.V. is on track with ABB’s earlier purchase of San Francisco-based clean electric transportation and storage technologies company ECOtality. That acquisition made ABB’s entry into the North American electric vehicle charging market possible. Says Ulrich Spiesshofer, head of ABB’s Discrete Automation and Motion division, “This acquisition gives ABB access to competitive products, key network management software, and a robust maintenance service business model, which ideally complements our own offering.”

Lorentzen & Wettre ( manufactures quality control machinery, processing equipment, and testing instruments for the pulp and paper industry. Products include automated fiber and pulp analysis devices, consistency transmitters, moisture sensors, and laboratory paper testing instruments. The international company, with production facilities in Sweden and Finland and offices worldwide, will be integrated into ABB’s Process Automation Division.

ABB Group (

Epyon B.V (

Lorentzen & Wettre ( 

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