• Fri. Jun 14th, 2024

Siemens AG to Acquire ebm-papst’s IDT Business for Flexible Factory Automation Expansion

BySamantha Jones

Mar 27, 2024
Siemens to Purchase ebm-papst’s Industrial Drive Technology Business

Siemens AG has announced plans to acquire ebm-papst’s industrial drive technology (IDT) business, which will enhance Siemens’ position as a leading provider of solutions for flexible production automation. The IDT business, with approximately 650 employees, specializes in intelligent, integrated mechatronic systems in the protective extra-low voltage range and innovative motion control systems for use in driverless transport systems.

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. He believes that the acquisition 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. No specific details have been disclosed regarding the purchase price of ebm-papst’s IDT business.

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

Leave a Reply