Siemens Completes Sale of Innomotics to KPS Capital Partners
Siemens has finalized the sale of its low-voltage motor business Innomotics to KPS Capital Partners for 3.5 billion euros, marking a major shift in the industrial drives landscape.
Siemens has completed the sale of Innomotics, its low-voltage motor and drives division, to KPS Capital Partners in a landmark transaction valued at approximately 3.5 billion euros.
The deal reshapes the competitive dynamics of the global electric motor industry at a time when efficiency regulations and electrification trends are accelerating demand for advanced drive technologies.
Innomotics, which manufactures low-voltage motors, geared motors, and related drive technologies, is expected to pursue growth under KPS ownership. All existing warranties and service agreements remain in force.