Siemens to accumulate EBM-Papst’ industrial drive enterprise

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ebm-papst credit christof-wolf.com

“EBM-Papst’s portfolio of mechatronic drive methods and its persons are a wonderful match for Siemens,” mentioned Siemens digital industries CEO Cedrik Neike. “The acquisition will allow us to faucet new enterprise out there for clever, battery-powered drive options in intra-logistics in addition to cell robots.”

“What our industrial drive enterprise had lacked till now was a worldwide gross sales organisation – Siemens is a long-standing buyer and an organization with sturdy worldwide market penetration,” mentioned EBM-Papst group CEO Klaus Geißdörfer. “The acquisition by Siemens is a strategically important step for us. We’ll use the proceeds from the sale to develop our air know-how and heating know-how divisions, and to spend money on future fields of our product portfolio, akin to digitalisation and sustainability.”

Siemens expects excessive market development is predicted within the industrial drives market, it mentioned, by means of their use in cell robots and driverless transport autos “in addition to within the automation of auxiliary processes, such because the retooling of recent manufacturing machines”.


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