Siemens AG has signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst.

Accordingly, the business, which employs 650 people, includes intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems. Most importantly, free-range driverless transport systems employ these systems.

The planned acquisition will complement the Siemens Xcelerator portfolio. Furthermore, will strengthen Siemens’ position as a leading solutions provider for flexible production automation.

Cedrik Neike, member of the Managing Board of Siemens AG and CEO of Digital Industries, said: “Ebm-papst’s innovative portfolio of mechatronic drive systems and its highly qualified people are an excellent fit for Siemens. The acquisition will enable us to tap new business and customer potential in the rapidly growing market.”

Furthers Autonomous Factory Automation

IDT products are intelligent, integrated mechatronic systems, which support the automation and digitalization of production processes. Moreover, this acquisition will be a strong addition to the Siemens Xcelerator portfolio. They have been crucial in mobile robots and driverless transport vehicles as well as in the automation of auxiliary processes. Thus, an important lever for greater flexibility and productivity. For this reason, the industry can expect high market growth in this market segment.

The deal will also open up new market access and generate significant business potential in the area of flexible and autonomous factory automation.

The company expects to conclude the transaction by mid-2025, subject to the necessary foreign trade and merger control approvals.

The IDT business of ebm-papst has a presence in St. Georgen and Lauf an der Pegnitz, Germany, and in Oradea, Romania. The parties have agreed not to disclose the purchase price.

“The acquisition by Siemens is a strategically significant step for us. What our industrial drive technology (IDT) business had lacked until now was a global sales organization for maximum growth. Siemens is a long-standing customer and a company with strong international market penetration and an extensive customer base,” said Dr. Klaus Geißdörfer, CEO of the ebm-papst Group.

This investment in intelligent, integrated and network-connected mechatronic systems underscores Siemens’ commitment to sustainable innovation. Moreover, it highlights its position as a leading supplier of systems and solutions for future-oriented, flexible production automation.

-22 March 2024-