Tag Archives: Innomotics

Siemens Approves Sale of Innomotics to KPS Capital Partners for €3.5 Billion

(IN BRIEF) Siemens AG has greenlit the sale of Innomotics, a world-leading electric motors and large drives company, to KPS Capital Partners, LP (“KPS”) for €3.5 billion. The decision to divest Innomotics aligns with Siemens’ strategic portfolio optimization efforts, providing … Read the full press release