Siemens acquires ebm-papst’s industrial drive technology business

Anthony Casciano President and CEO Siemens Financial Services
Anthony Casciano President and CEO - Siemens Financial Services
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Siemens has finalized the acquisition of ebm-papst’s industrial drive technology business. Achim Peltz, CEO of the Motion Control Business Unit at Siemens Digital Industries, stated, “The new portfolio elements significantly expand and enhance our offerings to customers who want to automate and digitalize their production processes in smart factories.” He added that their integrated mechatronic drive systems provide increased flexibility, productivity, and efficiency in the global market for conveyor and autonomous transport systems.

These advancements align with Siemens’ sustainability goals by offering energy-efficient solutions that contribute to creating flexible, scalable, and secure digital factories. The integration of software-based automation further supports adaptive production as part of Siemens’ strategy to bridge the real and digital worlds.

The ebm-papst Group initially announced its plan to sell its Industrial Drive Technology division to Siemens in March 2024. Following this announcement, both parties signed an agreement which has now been executed. This acquisition allows IDT access to international markets through Siemens’ global sales network, presenting new opportunities for innovation and growth. All employees from the division have transitioned to Siemens. The financial details of the transaction remain undisclosed.



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