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SMPS Legal advised Niedax Group in a Joint Venture with ABB
MEXICO CITY, MEXICO, November 24th, 2024 – SMPS Legal advised Niedax Group, one of the leading suppliers of cable management systems worldwide, in the restructuring of its Mexican subsidiary, for a joint venture with ABB, a global technology leader in electrification and automation, through the formation of Abnex Inc.
Abnex expands the North American cable tray manufacturing capabilities to serve the evolving customer needs. It builds on complementary product and services offering to meet the growing demand for electrical infrastructure solutions and services to electrical contractors, distributors and systems integrators across Canada, the United States and Mexico.