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Siemens : to sell Innomotics to KPS Capital Partners

Press Munich, May 16, 2024 Siemens to sell Innomotics to KPS Capital Partners .

Daniela markovicKatharina hilpertInnomotics gmbSiemens healthineersRalfp thomasLynette jacksonMichael reichleSiemens groupGroup management report of the financialManaging boardSupervisory boardChief financial officerChief executive officerCombined management reportSiemens reportInterim group management report

Siemens sells Innomotics to private equity firm

Siemens is restructuring its drive technology portfolio: Less than two months after acquiring the Industrial Drive Technology (IDT) division from ebm-papst, the technology group is selling its Innomotics business for large drives and certain electric motors to KPS Capital Partners.

Ralfp thomasWeiss spindeltechnologieMichael reichleDigital industriesIndustrial drive technologySiemens large drives applicationsChief financial officerChief executive officer

Siemens Profit Beats Expectations, Boosted by Industrial Businesses -- Update

By Pierre Bertrand Siemens reported an increase in net profit, beating analysts' expectations, after earnings rose across most of its businesses in the first.

Roland buschRalfp thomasPierre bertrandChief executive roland buschChief financial officer ralfArticle normalDiversified holding companiesBusiness consumer servicesFinancial performanceEarnings surprisesCorporate industrial newsContent typesFactiva filtersC amp ampe industry news filterSie xeXe sie

Siemens Profit Beats Expectations, Boosted Industrial Businesses -- Update

By Pierre Bertrand Siemens reported an increase in net profit, beating analysts expectations, after earnings rose across most of its businesses in the first quarter of fiscal 2024. The.

Pierre bertrandRalfp thomasRoland buschChief executive roland buschChief financial officer ralfDow jones

Siemens Profit Beats Expectations, Boosted Industrial Businesses — Update

Siemens Profit Beats Expectations, Boosted Industrial Businesses — Update
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Pierre bertrandRalfp thomasRoland buschDow jones company incChief executive roland buschChief financial officer ralfDow jones

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