- Innomotics, a leading supplier of
motor and large-drive systems, has launched with a new brand identity
- As of July 1, 2023, Innomotics has
become a separately managed Siemens subsidiary in Germany
- Global carveout is on track and is to
be largely completed by October 1, 2023
- Operating headquarters are in
Nuremberg, Germany, for the new company, which employs about 15,000 people
globally and generates more than €3 billion in revenue
Innomotics has
launched in Germany as a separately managed legal entity as of July 1,
2023. Under a single roof, the supplier of motors and large drives brings together
business activities with low- to high-voltage motors, geared motors,
medium-voltage converters and motor spindles as well as project and service
offerings for this product portfolio. The company’s operating headquarters are
located in Nuremberg, Germany. The carveout in Germany has now been completed. The
global carveout is also to be largely completed by the beginning of the new
fiscal year on October 1, 2023. In the future, Innomotics will comprise the previous
corresponding businesses from the units Large Drives Applications and Digital
Industries, as well as the separately managed Siemens companies Sykatec and
Weiss Spindeltechnologie. Worldwide, around 15,000 people are working at
Innomotics to realize growth potential and thus secure the company’s future market
success as a trailblazing specialist for motors and large drives.
The sale of Siemens
Commercial Vehicles business to Meritor closed successfully on November 30.
In May 2022, Siemens had announced the contract signing to sell Commercial
Vehicles business to Meritor, Inc. for a purchase price of around €190 million
(Enterprise Value).
- Siemens completes sale of mail and
parcel business to Körber
- Further step in simplifying Siemens’
portfolio achieved
The sale of
Siemens Logistics’ mail and parcel business to the Körber Group closed
successfully on July 1. In February 2022, Siemens had announced the
contract signing for the sale of the mail and parcel business to the Körber
Group for €1.15 billion (enterprise value).
- Profit impact of around 300 million Euros in Q2 FY22
- Closing expected in July 2022
- Single ownership of Valeo provides strong prospects for joint
venture
- Another successful milestone for Siemens Portfolio Companies
Siemens AG has signed an agreement to sell
its 50 percent stake in the Valeo Siemens e-Automotive (VSeA) joint venture to
Valeo. The positive profit impact of around 300 million Euros will be recorded
in the second quarter of fiscal 2022 and closing is expected in July 2022,
subject to regulatory approvals.
- Siemens further sharpens its
portfolio as a focused technology company
- Purchase price of €1.15 billion,
closing expected in current calendar year
- Sale to international technology
group Körber agreed
- Mail and parcel business ideal
expansion of Körber’s portfolio, supplementing its existing Business Area Supply
Chain
- Airport logistics business to remain
part of Siemens’ Portfolio Companies
Siemens has reached
an agreement to sell the mail and parcel business of Siemens Logistics GmbH to
the Körber Group. With this transaction, approved by the Managing and
Supervisory Boards of Siemens AG, Siemens is further implementing the rigorous
sharpening of its portfolio as a focused technology company. The purchase price
totals €1.15 billion (enterprise value). Closing is expected in the course of
the current calendar year, subject to regulatory approvals. Körber is a
world-leading technology company whose Business Area Supply Chain has grown
successfully in recent years, making the company a long-term, strategic new
owner for the mail and parcel business.
- 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.
- 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.
Siemens AG is constructing a modern and sustainably designed Siemens Campus Erlangen in the southern part of the city of Erlangen, Germany. By 2030, the company's research center in the south of the city will have been transformed step-by-step into one of Siemens' most advanced locations worldwide. Future-oriented office, research and laboratory jobs will be located on the campus. Equipped with the most advanced building and energy technologies, it will be developed over the long term into Siemens' first CO2-neutral location worldwide. A new urban residential and living environment will arise on the campus grounds. Siemens will be part of the community as never before. Designed by the Frankfurt architects KSP Jürgen Engel Architekten, the campus's open plan will link the company and society and provide a basis for the exchange of ideas.The construction project has a planned investment volume of some €500 million and will cover an area of 54 hectares. Siemens Campus Erlangen underscores the company's long-term commitment to its Erlangen location and will be a symbol of innovative power for employees and for the region. The project was planned and designed in close cooperation with the state of Bavaria and the city of Erlangen.
On the first day of Hannover Messe, April 25, Klaus Helmrich welcomed you to the yearly Siemens press conference. As member of the Managing Board of Siemens AG, Klaus Helmrich is responsible for the Divisions Digital Factory as well as Process Industries and Drives. The press conference took place at 6:30 PM, in room 1 of the fair's Convention Center.