In 1989, the company was split into four successor companies, ABB Sécheron SA, ABB Power Generation (closed in 1995), ABB Systèmes de Transport and Sécheron SA.[1]
History
In 1879, Alfred de Meuron set up a small workshop in Geneva to manufacture electrical appliances. This workshop ultimately formed the basis for the establishment of SAAS on 9 July 1918.[2]
The following year, 1919, Brown Boveri & Cie (BBC) became SAAS's main shareholder. Five years later, SAAS resumed its independence.[1] The company remained independent until 1969, when competitive pressures forced it to seek new partners.[1] In 1970, BBC took over as sole shareholder.[2] However, the company's name was changed only in 1982, when it became BBC Sécheron SA.[1]
In 1988, BBC finally merged with the Swedish company ASEA to form ASEA Brown Boveri (now ABB Group).[1] The new company chose to split SAAS into four companies,[1] and separate itself from the traction-related manufacturing sector. The decision led to the creation in 1989 of a new independent company, Sécheron SA, which re-entered that sector.[2] Meanwhile, ABB Sécheron SA continued the manufacturing of transformers.
In 1992, ABB Sécheron moved out of its previous factory, and let Sécheron SA occupy the original site alone.
