Allmänna Svenska Elektriska Aktiebolaget

Allmänna Svenska Elektriska Aktiebolaget (English translation: General Swedish Electric Company[1]; Swedish abbreviation: ASEA) was a Swedish industry company. It merged with the Swiss Brown, Boveri & Cie (BBC) in 1988 to form Asea Brown Boveri. ASEA still exists, but only as a holding company owning 50% of the ABB Group.

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History

ASEA was founded 1883 by Ludvig Fredholm in Stockholm as manufacturer of electrical light and generators. By a merging with Wenström's & Granström's Electrical Power Company (Wenströms & Granströms Elektriska Kraftbolag) the name was change to Allmänna Svenska Elektriska Aktiebolaget, literally the "General Swedish Electrical Limited Company", or a ASEA for short.

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Further reading