Magnesium Capital is pleased to announce the appointment of Frank Duggan as Chairman of the Board at ABEC Ltd, one of Europe’s leading independent building automation specialists for data centers and critical infrastructure.
Frank Duggan brings extensive international leadership and board-level experience across energy, infrastructure and industrial transformation. He currently serves as Vice Chairman and Board Director of Hitachi Energy AG and as a Board Member of GE Vernova Hitachi Nuclear. His previous roles include leading the ABB–Hitachi collaboration and serving as President of ABB’s Europe region and a member of the Group Executive Committee.
Frank was introduced to ABEC through Magnesium Capital’s long-standing industry partnership network, reflecting the firm’s hands-on approach to value creation and active ownership. Magnesium Capital works closely with portfolio companies to support board composition, senior leadership build-out and strategic development, leveraging deep sector relationships across the European energy and industrial ecosystem.
Matthew Morrall, Chief Executive Officer and Founder of ABEC, commented:
“Frank’s arrival strengthens ABEC at a pivotal moment in our growth. His broad sector experience and international perspective align perfectly with our strategic direction, and we are excited to work with someone of his calibre as we continue to scale the business.”
Frank Duggan added:
“I’m energised to work with Magnesium Capital, alongside ABEC’s management and team, as we pursue an ambitious growth agenda across Europe. With over 40 years of industry experience, I’m committed to helping the company scale its capabilities and realise its full potential.”
Magnesium Capital looks forward to working closely with Frank and the ABEC management team as the business continues to execute on its growth strategy and strengthen its leadership position across Europe.
