Competing Bids for Siemens' Innomotics Business Reach €3B Mark
Tuesday, 12 March 2024, 13:18
Siemens Motor Unit Sale
Nidec and KPS Capital Partners are competing to acquire Siemens' Innomotics business for around $3.28B, as the company focuses on higher-margin, software-driven products.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.