# Voith acquires remaining 35% stake in Voith Hydro from Siemens Energy

Voith completed the acquisition of the remaining 35% stake in Voith Hydro from Siemens Energy, making Voith the sole owner of the hydropower division. The deal was agreed on October 21, 2021.

- Type: Acquisition
- Announced: 2022-03-01
- Where: Heidenheim, Germany, Germany
- Status: completed
- Products: hydropower technology, turbines, generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Voith](https://endata.com/companies/217.md) (acquirer)
- [Siemens Energy](https://endata.com/companies/6803.md) (partner)
- [Siemens Energy](https://endata.com/companies/6803.md) (target)
- [Voith Hydro](https://endata.com/companies/10534.md) (target)

## Sources

- [powermag.com](https://www.powermag.com/press-releases/voith-successfully-completes-the-acquisition-of-all-shares-in-voith-hydro-from-former-joint-venture-partner-siemens-energy/), 2022-03-01: "With this move, we are continuing to systematically pursue our strategy of strengthening our core business in the field of sustainable technologies."
- [modernpowersystems.com](https://www.modernpowersystems.com/news/voith-completes-the-acquisition-of-voith-hydro-9536098/), 2022-03-08: "With this move, we are continuing to systematically pursue our strategy of strengthening our core business in the field of sustainable technologies."
- [machinery-market.co.uk](https://www.machinery-market.co.uk/news/31969/Voith-completes-the-acquisition-of-Voith-Hydro-), 2022-04-07: "We are extremely pleased to have completed the acquisition as planned."

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