Top 10 Conglomerates in the World 2015

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7. ABB

ABB is a multinational corporation headquartered in Zurich, Switzerland, and was formed by the amalgamation of Swiss and Swedish industrial giants.

Image:company site

It happened through merger of ASEA(1883) of Sweden and Brown & Cie (1891) of Switzerland. ABB operates mainly in robotics as well as power and automation technology areas. It was founded in 1988 As on July 2012, it had more than 150000 of July 2015, ABB is valued at about 1.3 times its revenue in the past 12 months.As a part of its diversification, ABB is constantly been involved with acquisition of various companies worldwide.

Sales: $40.1 bn

Profits: $2.6 bn

Assets: $45.2 bn

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