Innomotics
Assembly Line
KPS Capital Partners Completes Acquisition of Innomotics from Siemens AG
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.