• Sun. May 19th, 2024

Siemens to Acquire Industrial Drive Technology Business of ebm-papst, Strengthening Its Reach in the Intralogistics and Mobile Robot Applications Market

BySamantha Jones

May 7, 2024
Siemens announces acquisition of ebm-papst’s industrial drive technology business

Siemens AG announced on March 21 that they will be acquiring the industrial drive technology (IDT) business of ebm-papst. This acquisition is expected to be completed by mid-2025. The IDT business of ebm-papst is located in St. Georgen and Lauf an der Pegnitz, Germany, and in Oradea, Romania.

The innovative portfolio of mechatronic drive systems and the skilled employees at ebm-papst’s IDT business align well with Siemens. This acquisition will allow Siemens to explore new business opportunities and expand its reach in the rapidly growing market for intelligent, battery-powered drive solutions in intralogistics and mobile robot applications. The IDT division of ebm-papst currently employs around 650 people, specializing in producing fans and integrated mechatronic systems in the protective, extra-low voltage range, as well as motion-control systems for free-range, driverless transportation.

Dr. Klaus Geißdörfer, CEO of ebm-papst Group, expressed that this acquisition by Siemens is a significant strategic move for their IDT business. The lack of a global sales organization for maximum growth has been a challenge for their IDT business, which Siemens can now address. The integration with Siemens will provide the IDT business with global market access, opening up new opportunities for innovation and growth. The proceeds from the sale of the IDT business will be reinvested in ebm-papst’s Air Technology and Heating Technology divisions, as well as used to strengthen their regional presence in Europe, Asia, and the Americas, and invest in future product portfolio areas like digitalization and sustainability.

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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