Siemens to acquire industrial drive technology business of ebm-papst | Press | Company | Siemens
Summary
The integration of the IDT portfolio into the existing automation portfolio and the utilization of Siemens’ global sales network will open up new market access and generate significant business potential in the area of flexible and autonomous factory automation. The IDT business of ebm-papst is located in St. Georgen and Lauf an der Pegnitz, Germany, and in Oradea, Romania. What our industrial drive technology (IDT) business had lacked until now was a global sales organization for maximum growth. It will open up new horizons for innovation and further growth,” added Dr. Klaus Geißdörfer, CEO of the ebm-papst Group. “We’ll use the proceeds from the sale of the IDT business to further expand our Air Technology and Heating Technology divisions, to further strengthen our three regions – Europe, Asia and the Americas – and to invest in future fields of our product portfolio, such as digitalization and sustainability.” This investment in intelligent, integrated and network-connected mechatronic systems underscores Siemens’ commitment to sustainable innovation and its position as a leading supplier of systems and solutions for future-oriented, flexible production automation.