May 21, 2024 2:01 pm
Siemens to Purchase ebm-papst’s Industrial Drive Technology Business

Siemens AG is set to acquire the industrial drive technology (IDT) business of ebm-papst, a move that will strengthen its position as a leading provider of solutions for flexible production automation. The acquisition of ebm-papst’s IDT business, which has approximately 650 employees, 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. 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. The completion of the acquisition is expected by mid-2025, pending approval from foreign trade and merger control authorities. The purchase price details have not been disclosed at this time.

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. With this acquisition, Siemens can further enhance its expertise in intelligent mechatronics systems that support automated manufacturing processes.

In conclusion, this acquisition will enable Siemens to expand its presence in the growing market for smart technologies that power factory automation. By acquiring ebm-papst’s IDT business, Siemens will be able to offer innovative solutions that help manufacturers optimize their operations while reducing costs.

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