Siemens to acquire industrial drive technology business of ebm-papst
By DE Staff
General Machine Building
Exterior view of the ebm-pabst facility in Lauf an der Pegnitz, Germany/Copyright: Christof Wolf.
Siemens AG has announced that it will acquire the industrial drive technology (IDT) business of ebm-papst. The IDT business, located in St. Georgen and Lauf an der Pegnitz, Germany, and in Oradea, Romania, employs approximately 650 people and includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems. These systems are used in free-range driverless transport systems. The purchase will complement the Siemens Xcelerator portfolio and strengthen Siemens’ position as a leading solutions provider for flexible production automation, Siemens stated in a recent release.
“Ebm-papst’s innovative portfolio of mechatronic drive systems and its highly qualified people are an excellent fit for Siemens. The acquisition will enable us to tap new business and customer potential in the rapidly growing market for intelligent, battery-powered drive solutions in intralogistics as well as mobile robot solutions,” said Cedrik Neike, member of the managing board of Siemens AG and CEO of digital industries.
Siemens added that the IDT acquisition is an important lever for greater flexibility and productivity “through their use in mobile robots and driverless transport vehicles as well as in the automation of auxiliary processes, such as the retooling of modern production machines.” The company expects “high market growth” in this market segment in the future.
The transaction is to be completed by mid-2025, and is subject to the necessary foreign trade and merger control approvals. The parties have agreed not to disclose the purchase price.
“The acquisition by Siemens is a strategically significant step for us. What our industrial drive technology (IDT) business had lacked until now was a global sales organization for maximum growth. Siemens is a long-standing customer and a company with strong international market penetration and an extensive customer base. The integration that has now been agreed upon will give our IDT business global market access. It will open up new horizons for innovation and further growth,” added Dr. Klaus Geißdörfer, CEO of the ebm-papst Group. “We’ll use the proceeds from the sale of the IDT business to further expand our Air Technology and Heating Technology divisions, to further strengthen our three regions – Europe, Asia and the Americas – and to invest in future fields of our product portfolio, such as digitalization and sustainability.”
Source: Siemens.
