# Rolls-Royce acquires Siemens' electric and hybrid-electric aerospace propulsion business

Rolls-Royce agreed to acquire Siemens' eAircraft business, which develops all-electric and hybrid-electric propulsion solutions for aerospace. The deal is expected to complete in late 2019 and includes around 180 employees in Germany and Hungary.

- Type: Acquisition
- Announced: 2019-06-18
- Where: Germany
- Status: announced
- Products: all-electric and hybrid-electric propulsion solutions for aerospace
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (target)
- [Rolls-Royce](https://endata.com/companies/984.md) (acquirer)

## Sources

- [rolls-royce.com](https://www.rolls-royce.com/media/press-releases/2019/18-06-2019-rr-accelerates-electrification-strategy.aspx), 2019-06-18: "Rolls-Royce has entered into an agreement to acquire the electric and hybrid-electric aerospace propulsion activities of Siemens (the eAircraft business) in a move that will accelerate the delivery of our electrification strategy."
- [aa.com.tr](https://aa.com.tr/tr/ekonomi/rolls-royce-siemens-in-elektrikli-ucak-bolumunu-satin-aliyor/1507741), 2019-06-18: "Siemens eAircraft'ın Rolls-Royce'a satılması konusunda Paris Havacılık Fuarı'nda anlaşma imzalandı."

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