The business, which employs around 650 people, manufactures intelligent, integrated mechatronic systems in the protective extra-low voltage range, as well as motion control systems.
These systems are used in free-range driverless transport systems. Siemens says the planned acquisition will complement its Xcelerator portfolio and strengthen its position as a leading solutions provider for flexible production automation.
“Ebm-papst’s innovative portfolio of mechatronic drive systems and its highly qualified people are an excellent fit for Siemens,” said Cedrik Neike, member of the managing board of Siemens AG and CEO of Digital Industries, in a release.
“The acquisition will enable us to tap new business and customer potential in the rapidly growing market for intelligent, battery-powered drive solutions in intralogistics as well as mobile robot solutions,” he said.
IDT products are intelligent, integrated mechatronic systems, which support the automation and digitalization of production processes.
Through their use in mobile robots and driverless transport vehicles as well as in the automation of auxiliary processes, such as the retooling of modern production machines, these systems are an important lever for greater flexibility and productivity.
Siemens expects high market growth in this segment.
The transaction should be completed by mid-2025, subject to the necessary foreign trade and merger control approvals. The IDT business of ebm-papst is located in St. Georgen and Lauf an der Pegnitz, Germany, and in Oradea, Romania.
No purchase price for this deal has been disclosed.
“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. The integration that has now been agreed upon will give our IDT business global market access. 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.”