(BRIEF) Siemens AG announces the acquisition of ebm-papst’s Industrial Drive Technology (IDT) business, which specializes in intelligent and embedded mechatronic systems for various applications, adding free-range driverless delivery systems. This strategic decision, involving approximately 650 employees, aims to decorate Siemens’ Xcelerator portfolio, strengthening its position as a leading provider of flexible production automation solutions. Cedrik Neike, member of the executive board of Siemens, emphasizes the alignment of ebm-papst’s state-of-the-art drive systems with Siemens’ goals in the developing market for intelligent battery-powered solutions. The transaction, which is expected to close by mid-2025, pending regulatory approvals, demonstrates Siemens’ commitment to sustainable innovation and global market expansion. The acquisition also marks a vital milestone for ebm-papst, offering access to Siemens’ extensive sales network for further expansion opportunities in its other business divisions.
(PRESS RELEASE) MUNICH, March 21, 2024 — /EuropaWire/ — Siemens AG has signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst. The company, which employs about 650 people, includes intelligent and integrated mechatronic systems in the diversity of extra-low voltage coverage and state-of-the-art motion control systems. These systems are used in freely diverse driverless shipping systems. The planned acquisition will complement Siemens Xcelerator’s portfolio and Siemens’ position as a leading provider of flexible production automation solutions.
Cedrik Neike, Member of the Board of Management of Siemens AG and CEO of Digital Industries, said: “Ebm-papst’s state-of-the-art portfolio of mechatronic drive systems and its highly skilled staff are the perfect choice for Siemens. With this acquisition, we will be able to tap into new business and visitor perspectives in the developing market for intelligent battery-powered drive solutions in intralogistics as well as cellular robot responses.
RTD products are intelligent, embedded mechatronic systems that help with the automation and digitalization of production processes. This acquisition will be a vital addition to the Siemens Xcelerator portfolio. Thanks to its use in cellular robots and driverless self-driving vehicles, as well as in the automation of auxiliary processes. , such as the modernization of modern production machines, are a vital lever for greater flexibility and productivity. This is the reason why a strong market expansion is expected in this market segment.
The integration of the RTD portfolio into the existing automation portfolio and the use of Siemens’ global sales network will open up new market avenues and generate market insights in the field of flexible and autonomous business automation.
The transaction is expected to close in mid-2025, subject to mandatory foreign industry approvals and merger. ebm-papst’s IDT business is located in St. Georgen and Lauf an der Pegnitz, Germany, and Oradea, Romania. The parties have agreed not to disclose the purchase price.
“The acquisition through Siemens is a vital strategic milestone for us. What our Industrial Drive Technology (IDT) business has lacked so far is a global sales organization for maximum growth. Siemens is a long-standing visitor and a company with strong penetration in the foreign market. and a gigantic visitor base. The integration that has now been agreed will give our IDT business access to the global market. This will open up new horizons for innovation and long-term growth,” added Dr. Klaus Geißdörfer, CEO of ebm-papst. Group. ” We will use the proceeds from the sale of the IDT business to further expand our Air Technology and Heating Technology divisions, plus our three regions (Europe, Asia and the Americas) and invest in future areas of our product portfolio. such as digitalization and sustainability.
This investment in smart, embedded, grid-connected mechatronic systems underlines Siemens’ commitment to sustainable innovation and its position as a leading provider of systems and responses for flexible and future-oriented production automation.
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SOURCE: Siemens AG
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