ABB has signed an agreement to acquire Ireland-based electrical engineering consultancy Premium Power, strengthening its advisory capabilities across Europe as demand for electrification and complex power systems accelerates. The transaction is expected to close in the first quarter of 2026. Financial terms were not disclosed.
Headquartered near Dublin and founded in 2001, Premium Power has built a reputation over more than two decades as a trusted advisor to large customers in mission-critical sectors including data centers, pharmaceutical manufacturing, and other industries where electrical resilience, uptime, and regulatory compliance are essential. The company employs more than 40 electrical engineers and specialists.
The acquisition enhances ABB’s Electrification Service advisory offering, ABB Navigate, by deepening expertise in power system studies, grid connection and compliance modelling, power quality assessments, and electrical safety and risk management. As electrification demand grows and power systems become increasingly complex due to digitalization, renewable integration, and grid constraints, customers are seeking specialist support to design, operate, and future-proof their electrical infrastructure.
ABB said the deal aligns with its M&A priorities as a strategic bolt-on investment aimed at strengthening long-term value creation. By integrating Premium Power’s engineering advisory capabilities into its portfolio, ABB will be able to support customers at the electrical power system level more consistently and at greater scale across Europe. The company expects the combination to improve its ability to help customers assess, plan, and modernize complex electrical systems before constraints result in downtime, added costs, or operational disruption.
Premium Power delivers a comprehensive range of services, including power system studies, grid compliance and dynamic modelling, arc flash and electrical safety assessments, power quality audits, electrical design, and risk management training. Its customer base includes multinational manufacturers and industrial companies operating high-availability electrical networks.
ABB, which has more than 140 years of history and approximately 110,000 employees worldwide, is listed on the SIX Swiss Exchange and Nasdaq Stockholm.
KEY QUOTES:
“The acquisition of Premium Power strengthens our ability to advise customers on complex power systems, grid connection and compliance challenges. This expertise is increasingly essential for critical industries such as data centers and pharmaceutical manufacturing, where reliability is paramount. Expanding and modernizing electrical systems – from grid connection through to on-site infrastructure – is central to energy resilience, ensuring reliable power as demand grows and energy networks become more complex. Combined with ABB’s execution and service capabilities, we can help customers design, de-risk and deliver better energy systems that are built to perform today and adapt for tomorrow.”
Stuart Thompson, President of ABB’s Electrification Service division
“For more than two decades, Premium Power has built its reputation by helping customers solve complex electrical challenges with technical rigor and independence. Joining ABB allows us to take that expertise further – scaling system-level impact across Europe while preserving the engineering depth and customer focus that define our business. Together, we can support customers earlier, more consistently and with greater impact as their electrical systems and requirements continue to evolve.”
Paula O’Neill, Managing Director of Premium Power
