Europe’s largest engineering company Siemens has closed its acquisition of ebm-papst‘s industrial drive technology business. In the future, it will be marketed using the name “Mechatronic Systems” at Siemens.
The business has about 650 employees and its portfolio includes intelligent, integrated mechatronic systems in the extra-low voltage protection range, innovative driving systems used in free-moving, driverless transport systems, and other applications.
This acquisition complements the Siemens Xcelerator portfolio, strengthening Siemens’ position as a leading provider of flexible manufacturing automation solutions. [Read more…] about Siemens completes acquisition of ebm-papst’s industrial drive technology business