Siemens Expands Industrial Automation with EBM-Papst Acquisition

Siemens plans to acquire the industrial drive technology (IDT) business of EBM-Papst as it expands industrial automation offerings such as mobile robots and driverless vehicles. 

Germany-based EBM-Papst develops electric motors and motion control systems that support the automation and digitalization of production processes and control smart devices such as autonomous vehicles. 

Siemens said the acquisition will complement its Xcelerator portfolio and strengthen its position as a “solutions provider for flexible production automation.”

“EBM-Papst’s innovative portfolio of mechatronic drive systems…[is] an excellent fit for Siemens,” said Cedrik Neike, Siemens’ CEO of digital industries. “The acquisition will enable us to tap new business and customer potential in the rapidly growing market for intelligent, battery-powered drive solutions in intralogistics as well as mobile robot solutions.”

The companies also said the deal will “open up new market access” in the area of flexible and autonomous factory automation.

“The acquisition by Siemens is a strategically significant step for us,” said Klaus Geißdörfer, EBM-Papst’s CEO. “What our IDT business had lacked until now was a global sales organization for maximum growth,

“The integration that has now been agreed upon will give our IDT business global market access. It will open up new horizons for innovation and further growth.” 

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Financial details of the deal were not disclosed, though the partners said it is expected to be completed by mid-2025.