• Mon. May 27th, 2024

Siemens AG Acquires ebm-papst’s Industrial Drive Technology Business, Boosting its Position in Flexible Production Automation

BySamantha Jones

Mar 27, 2024
Siemens to Purchase ebm-papst’s Industrial Drive Technology Business

Siemens AG has announced plans to acquire the industrial drive technology (IDT) business of ebm-papst, a move that will enhance Siemens’ position as a leading provider of solutions for flexible production automation. The IDT business, which has approximately 650 employees, specializes in intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems for use in driverless transport systems.

As demand for mobile robots and driverless transport vehicles continues to rise, as well as the need for automation in auxiliary processes such as retooling production machines, the market for IDT products is expected to experience significant growth. By integrating the IDT portfolio into its existing automation offerings and leveraging its global sales network, Siemens aims to expand its market reach and generate substantial business opportunities in the field of flexible and autonomous factory automation.

Cedrik Neike, a member of the Managing Board of Siemens AG and CEO of Digital Industries, sees ebm-papst’s portfolio of mechatronic drive systems as a perfect fit for Siemens. The acquisition will allow Siemens to explore new opportunities in the burgeoning market for intelligent, battery-powered drive solutions in intralogistics and mobile robot solutions. The products offered by IDT are designed to support automation and digitalization in production processes, making them a valuable addition to Siemens’ Xcelerator portfolio.

The completion of the acquisition is expected by mid-2025, pending approval from foreign trade and merger control authorities. The IDT business of ebm-papst has locations in St. Georgen and Lauf an der Pegnitz, Germany, and Oradea, Romania

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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