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May 16, 2024
Press Munich, May 16, 2024 Siemens to sell Innomotics to KPS Capital Partners ...
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...
May 16, 2024
A GLOBAL LEADER IN ELECTRIC MOTORS AND LARGE DRIVES
May 16, 2024
KPS Capital Partners, LP or KPS said on Thursday that through a newly formed affiliate, it has inked a deal to acquire Innomotics GmbH from Siemens AG (SIEGY.PK, SMAWF) for 3.
May 16, 2024
The deal values Innomotics at $3.8 billion.
May 22, 2023
Siemens: The trend of selling profitable units to its parent at low valuations is โunfriendlyโ to minority investors, said Nuvama Institutional Equities. The mode of sale is not ideal, it argued.