KPS Capital Partners to acquire Innomotics from Siemens for €3.5bn

KPS Capital Partners to acquire Innomotics from Siemens for €3.5bn

KPS Capital Partners, LP has announced a definitive agreement to acquire Innomotics GmbH from Siemens AG for an enterprise value of €3.5 billion. The transaction is slated for completion between Q4 2024 and Q1 2025, pending customary closing conditions and approvals. Strategic Acquisition to Boost Global Presence Innomotics, a global leader in electric motor and […]