KPS Capital Partners to acquire Innomotics from Siemens for €3.5B
KPS Capital Partners signed a definitive agreement to acquire Innomotics GmbH from Siemens AG for an enterprise value of €3.5 billion. The transaction is expected to close in Q4 2024 or Q1 2025.
Productselectric motorslarge drive systems
“KPS Capital Partners announced today that it has signed a definitive agreement to acquire Innomotics GmbH from Siemens AG for an enterprise value of €3.5 billion”kpsfund.com
- 3 sources
- kpsfund.comKPS Capital Partners to Acquire Innomotics from Siemens AG - Private Equity Firm, Manufacturing | KPS Capital PartnersMay 16, 2024
- prnewswire.comKPS CAPITAL PARTNERS TO ACQUIRE INNOMOTICS FROM SIEMENS AGKPS Capital Partners, LPMay 16, 2024
- newpowertechnology.comSiemens to Sell Innomotics Motor & Drive Biz for €3.5 Billion to KPS – New Power TechnologyJun 6, 2024
Summarized from public sources; check the original articles before acting on it.