Cedrik Neike, member of the Siemens AG Board of Management and CEO of Digital Industries, said: “Ebm-papst’s innovative portfolio of mechatronic drive systems and its highly skilled workforce are an excellent fit for Siemens. This acquisition will allow us to tap into the potential of new businesses and customers in the rapidly growing market for battery-powered intelligent drive solutions in intralogistics, as well as mobile robot solutions.”
IDT products are intelligent, integrated mechatronic systems that support the automation and digitalization of production processes. This acquisition will be a significant addition to the Siemens Xcelerator portfolio. Through their use in mobile robots and driverless transport vehicles, as well as in the automation of auxiliary processes, such as retrofitting modern production machines, they are a key driver of increased flexibility and productivity. For this reason, strong market growth is expected in this segment.
Integrating the IDT portfolio into the existing automation portfolio and leveraging Siemens' global sales network will open new market access and generate significant business potential in the area of flexible and autonomous factory automation.
The transaction is expected to be completed by mid-2025, subject to the necessary foreign trade and merger control approvals. ebm-papst's IDT business is located 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 strategic step for us. What our Industrial Drive Technology (IDT) business has lacked until now is a global sales organization to achieve maximum growth. Siemens is a long-standing customer and a company with a strong international market presence and a broad customer base. The integration that has now been agreed upon will give our IDT business access to the global market. It will open new horizons for innovation and further growth,” added Dr. Klaus Geißdörfer, CEO of the ebm-papst Group. “We will 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 areas of our product portfolio, such as digitalization and sustainability.”
This investment in intelligent, integrated, and networked mechatronic systems underscores Siemens’ commitment to sustainable innovation and its position as a leading provider of systems and solutions for future-oriented, flexible production automation.
