# ABB completes acquisition of Siemens low-voltage NEMA motor business

ABB has completed its acquisition of the Siemens low-voltage NEMA motor business. Financial terms were not disclosed. The business employs about 600 people and generated revenues of about $63 million in 2021.

- Type: Acquisition
- Announced: 2023-05-05
- Where: Guadalajara, Mexico, Mexico
- Jobs: 600
- Status: completed
- Products: low-voltage NEMA motors
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (partner)
- [Siemens](https://endata.com/companies/301.md) (target)
- [ABB](https://endata.com/companies/1547.md) (acquirer)

## Sources

- [pitandquarry.com](https://www.pitandquarry.com/abb-siemens-complete-transaction/), 2023-05-05: "ABB completed its acquisition of the Siemens low-voltage NEMA motor business."
- [powermotiontech.com](https://www.powermotiontech.com/technologies/motors/news/21266067/abb-completes-acquisition-of-siemens-nema-motors), 2023-05-16: "ABB recently announced the completion of its acquisition of the low voltage NEMA motor business from Siemens."

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