Innomotics

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KPS Capital Partners Completes Acquisition of Innomotics from Siemens AG

📅 Date:

🔖 Topics: Acquisition

🏢 Organizations: KPS Capital Partners, Innomotics, Siemens


Siemens AG has successfully closed the sale of Innomotics to KPS Capital Partners, LP (“KPS”) for €3.5 billion (enterprise value). On May 16, 2024, Siemens had announced plans to sell this world-leading supplier of electric motors and large-drive systems to KPS.

Read more at KPS News