Accelleron, ABB's former gem, becomes a stock market star

Accelleron, once a division of industrial giant ABB, has rapidly established itself as a star performer on the stock market. The company, which specialized in turbochargers, has transformed into an independent industrial entity over the past few years, demonstrating impressive double-digit growth and enviable profit margins. This remarkable turnaround is partly fueled by the booming demand from the data center industry. Accelleron's technology plays a crucial role in supporting the infrastructure required for these rapidly expanding facilities, positioning the company for continued success. Originally separated from ABB as part of a strategic decision, Accelleron was allowed to pursue its own growth trajectory. ABB aimed to focus on electrification and automation, believing the turbocharger business had greater potential as a standalone company. The Argovian-based firm's impressive financial performance since its spin-off validates this strategic move.