HANOVER, Germany, April 1, 2025 /PRNewswire/ -- Innomotics GmbH, a globally leading provider of electric motors and large drive systems and Danfoss Drives A/S, a global leader in low-voltage drives, ...

NEW YORK, May 16, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire Innomotics GmbH ...

On May 16, 2024, SIEGY inked a deal with KPS to sell its Innomotics business for €3.5 billion ($3.85 billion). Siemens decided in November 2022 to consolidate its significant drive and electric motor ...

Carve-outs are the theme of the morning, where KPS Capital Partners has signed what it says is the largest industrial acquisition in Europe by a private equity firm in over two years. Then we have ...

BERLIN, March 1 (Reuters) - Siemens AG SIEGn.DE said Wednesday that the spin-out of its motors and drives business would result in a wholly owned subsidiary named Innomotics and would be largely ...

Japanese electric motor manufacturer Nidec Corp. and the American private equity firm KPS Capital Partners are competitors in the proposed acquisition of Innomotics, the electric motors division of ...

KPS Capital Partners has agreed to acquire Innomotics, a global supplier of electric motor and large drive systems, from Siemens for an enterprise value of €3.5 billion. Nuremberg, Germany-based ...

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