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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.

World Pumps - The Top 10 World Pumps news stories of 2023

Industrial Aerators Market Size & Share Surpass USD 2 3 Billion by 2031 – Exclusive Report by Transparency Market Research

Rapid urbanization and an increase in growth in infrastructure are expected to provide attractive prospects for sellers in the global industrial aerators business.Wilmington, Delaware, United States, Oct. 12, 2023 (GLOBE NEWSWIRE) Transparency Market Research Inc. -The global industry is expected to increase at a 4.6% CAGR from 2023 to 2031, reaching US$ 2.3 billion by the end of 2031. The industrial aerators market is witnessing substantial growth due to environmental regulations, and the ne

Siemens large motors and drives is now €3bn Innomotics biz - Drives and Controls Magazine

As of 1 July, Innomotics has become the new brand for the motors and large-drive activities previously operating under the Siemens name. Innomotics, which.

World Pumps - April 2023 s top pump news stories

Our most-read news stories in April featured Sulzer, Siemens, Kirloskar Brothers, Anglian Water, Asystom, Flowserve, Samotics, SEEPEX and SKF.

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