Founded in 2010 and headquartered in Paris, BrightLoop employs about 90 staff and generated roughly $17.25 million in revenue in 2024. Its modular, software-defined converters are engineered to handle complex energy flows while reducing weight and space—critical in sectors where traditional systems fall short.
What sets BrightLoop apart is its use of advanced semiconductors like silicon carbide and gallium nitride. These materials enhance system efficiency, particularly for applications requiring high-voltage performance in compact formats. As industries push for smaller, smarter and more reliable electrification solutions, BrightLoop’s product design is a direct response to market demand.
This acquisition comes as pressure intensifies for companies to reduce emissions and cut energy costs. For ABB, BrightLoop’s platform isn’t just complementary—it’s a strategic asset in fast-growing segments like electric construction equipment, mining vehicles, marine propulsion, and hydrogen mobility.
The acquisition—set to close in Q3 2025—marks a targeted move by ABB to extend its reach into high-growth, regulation-driven sectors. ABB will initially take a 93% stake in BrightLoop, with plans to acquire the remaining 7% by 2028. The staggered approach keeps the existing leadership involved while giving ABB operational control to scale the business globally.
ABB plans to retain BrightLoop’s engineering and production base in France, ensuring continuity while expanding capabilities through ABB’s global manufacturing network. The integration aims to fast-track the development of smart, efficient power conversion systems capable of withstanding harsh operational environments.
The deal also strengthens ABB’s traction division, which focuses on transport electrification. According to Edgar Keller, President of ABB’s Traction business, combining BrightLoop’s agile platform with ABB’s scale is intended to create more competitive offerings in both marine and off-highway applications.
