Fri. Jun 14th, 2024
ebm-papst’s Industrial Drive Technology Business Acquired by Siemens

Siemens AG is pleased to announce the acquisition of the industrial drive technology (IDT) business of ebm-papst. This business, which employs approximately 650 people, specializes in intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems. These systems are commonly used in free-range driverless transport systems. The acquisition is expected to complement the Siemens Xcelerator portfolio, enhancing Siemens’ position as a leading solutions provider for flexible production automation.

Cedrik Neike, a member of the Managing Board of Siemens AG and CEO of Digital Industries, expressed excitement about the acquisition, stating that ebm-papst’s innovative portfolio and skilled workforce are a great match for Siemens. He believes that this acquisition will allow Siemens to explore new business opportunities in the rapidly expanding market for intelligent, battery-powered drive solutions in intralogistics and mobile robot solutions.

The IDT products are considered intelligent, integrated mechatronic systems that support the automation and digitalization of production processes. By integrating these products into the Siemens Xcelerator portfolio, Siemens aims to drive growth in the market segment. The IDT solutions are used in mobile robots, driverless transport vehicles, and automation of auxiliary processes, contributing to increased flexibility and productivity in modern production environments.

Siemens expects to access new markets and realize substantial business potential by leveraging its global sales network once it has integrated the IDT portfolio into its existing automation offerings. The transaction is anticipated to be finalized by mid-2025 pending necessary approvals from foreign trade and merger control authorities. The IDT business of ebm-papst is currently located in St. Georgen and Lauf an der Pegnitz, Germany

By Aiden Nguyen

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