- Sale for price of €2.025 billion
- Another step in executing Vision
2020+ strategy for becoming a focused technology company
- New ownership structure offers Flender
optimal growth and development opportunities
- Long-term and reliable commitments agreed
upon for Flender’s employees and German locations
The Managing
Board and Supervisory Board of Siemens AG have approved the sale of Flender GmbH
– a world-leading supplier of mechanical and electrical drive systems – to Carlyle.
The contracting parties signed a corresponding agreement today. The price is €2.025 billion (enterprise value). Siemens
recently gave its energy business independence through a public listing. By
selling Flender, the company is now promptly taking another important step in
the rigorous execution of its Vision 2020+ strategy for enabling Siemens
to become a focused technology company. Carlyle’s plans – following Flender’s successful
reorientation – are to further accelerate its growth and fully develop its
strengths through more independence and greater leeway for decisions. The sale also
makes it possible to forgo the originally planned spin-off and public listing
and thus offers a faster track to clarity for a successful future of Flender. The
transaction is expected to close in the first half of 2021 and is subject to
foreign-investment and antitrust approvals.
- Jury’s decision for design by Berlin firm unanimous
- Clear urban development concept and new high-rise structure in center of Siemensstadt
- Historic location to be successfully transformed for the future
Siemens and the State of Berlin invited 18 architecture firms and urban planning teams to participate in the competition to redesign Siemensstadt (“Siemens City”), the company’s historic location in Berlin. After two days evaluating their proposals, the high-caliber jury has now reached a decision: “Siemensstadt 2.0 will be implemented on the basis of a design submitted by the Berlin firm Ortner & Ortner Baukunst,” said Stefan Behnisch, the distinguished architect who chaired the jury’s deliberations. “In the jury’s view, this design will provide a solid basis for the structure of the future Siemensstadt. It’s not the complete picture. It leaves room for necessary developments. It’s a design that treats the historical buildings with respect while enabling their up-to-date utilization. The design fulfills virtually all today’s requirements, but also leaves room for the future development of a new, modern city where people can both work and live,” he added.
- New Simotics HV M slipring motors provide range of power up to 4.5 MW
- Easy integration into SIDRIVE IQ applications for highest availability, serviceability, productivity and efficiency
- Easy plant integration due to 3-D Motor models to speed up complete plant integration processes
- Certified and proven Siemens MICALASTIC® VPI insulation system with extreme long lifetime
Building on more than a century of experience in manufacturing slipring motors, Siemens today announces the new Simotics HV M slipring motor. Designed and engineered for applications mainly in the cement and mining industries, the newest slipring motor is implemented in a wide range of applications including but not limited to mills, crushers, conveyors and fans. The new platform motor with its power range up to 4.5 MW completes the Siemens slipring motor family which covers now the power range from 0.5 to 8.2 MW.
- Conveyor system will move 127,500 tons of primary crushed ore per day
- New Siemens’ gearless drive technology to increase reliability and efficiency additionally by up to 4 percent
- Maintenance requirements of the drive system significantly reduced
Powered by Siemens’ new gearless drive technology, thyssenkrupp’s high-capacity overland conveyor will access one of the world’s largest copper reserves in Quellaveco. The Quellaveco mine in Peru contains approximately 7.5 million tons of copper in ore reserves – enough to wire 80 million homes or equip 90 million electric vehicles.
- Corporate real estate management now also for external customers
-
Renting, development and consulting in focus
- Intelligent real estate in close cooperation with other Siemens units
Siemens Real Estate (SRE) has been managing Siemens' real estate portfolio for more than 20 years and, as a versatile and future-oriented corporate real estate manager, has repeatedly adapted to the challenges of the market. Effective immediately, SRE will make the expertise it has acquired available to external clients for the first time. Companies that do not yet have their own professional real estate management will thus have access to SRE's knowledge and experience in the three product groups of consulting, renting and real estate and location development.
- Increased power density and user-friendliness through easy handling
- Plug and play installation and rapid replacement of individual modules
- Increase in redundancy and degradation rates for fuel cell plants
Building on the success of the previous BZM34 and BZM120 fuel cell modules, Siemens aims to optimize the power density and user-friendliness of fuel cell plants on board of air-independent underwater vehicles with its new BZM evo fuel cell module. A single BZM evo has a nominal power of 40 kW. Future plants will be able to provide a maximum power of 320 – 480 kW, depending on the selected type of installation and number of fuel cell modules, without exceeding the footprint of an existing BZM34 or BZM120 plant.