# SP Group acquires Siemens' 49% stake in Power Automation

SP Group announced it has acquired Siemens' 49% stake in Power Automation, a joint venture established in 1996, making SP Group the sole owner. The acquisition aims to expand SP Group's critical engineering capabilities for major projects and accelerate smart-grid technology deployment.

- Type: Acquisition
- Announced: 2025-08-29
- Where: Singapore, Singapore
- Status: completed
- Products: power systems control, substation automation, protection systems, sustainable energy solutions
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (target)
- [SP Group](https://endata.com/companies/23010.md) (acquirer)
- [Power Automation](https://endata.com/companies/86951.md) (target)

## Sources

- [businesstimes.com.sg](https://www.businesstimes.com.sg/companies-markets/sp-group-acquires-siemens-49-stake-power-automation-become-sole-owner), 2025-08-29: "SP Group says the acquisition will enable it to expand its 'critical engineering capabilities' for major projects, accelerate smart-grid technology deployment and better support the energy transition."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.