Siemens to acquire ebm-papst's industrial drive division for factory automation expansion.

Siemens plans to acquire ebm-papst's industrial drive technology division, expanding its factory automation business. The division, with 650 employees, specializes in smart systems that help automate and digitize production processes. The transaction, expected to close by mid-2025, will leverage Siemens' global sales network, offering new market access and significant potential in flexible and autonomous factory automation.