Siemens acquires the ebm-papst’s IDT business: the advisors

Gleiss Lutz has comprehensively advised Siemens AG on the acquisition of ebm-papst’s industrial drive technology (IDT) business. The planned acquisition will complement the Siemens Xcelerator portfolio and strengthen the technology company’s position as a leading provider of flexible production automation solutions. The transaction is to be completed by mid-2025, subject to the necessary foreign trade and merger control approvals. The parties have agreed not to disclose the purchase price.

The IDT business includes intelligent, integrated mechatronic systems in the protective extra-low voltage range as well as innovative motion control systems that are used in free-range driverless transport systems. The integration of the product portfolio into Siemens’ existing automation portfolio and the utilisation of its global sales network will open up new market access and generate significant business potential in the area of flexible and autonomous factory automation.

Ebm-papst, a leading supplier of fans and compact and intelligent mechatronic systems, intends to concentrate on its Air Technology and Heating Technology divisions in future and had therefore put its IDT business up for sale. This business, which has 650 employees, is located in St. Georgen and Lauf an der Pegnitz, Germany, and in Oradea, Romania.

In-house, the transaction was handled by Vanessa Josefine Carduck, Dr. Lars Münch (both Legal M&A), Dr. Nicola Schreiner, Dr. Moritz von der Ehe (both Employment), Ulrike König (Competition/Antitrust), Christoph Eberhard Braun (IP), Dr. Jürgen Heinzelmann (Real Estate), Dr. Thomas Bachmann, Agnes Wallfahrer (both Commercial), Dr. Thomas Kallmaier (Finance), Karin Bliemel, Koen Miezenbeek, Thorsten Krautter (all Compliance), Christine Hohenstein und Dr. Philipp Seidel (both Tax).

The following Gleiss Lutz team led by Dr. Ralf Morshäuser (partner, pictured right) and Dr. Tobias Falkner (counsel, both M&A, both Munich) advised Siemens AG: Melina Grauschopf (both Munich), Kevin Löffler (all M&A, Frankfurt), Dr. Steffen Krieger (partner, Düsseldorf), Mark Gerigk (both Employment, Munich), Dr. Christian Steinle (partner), Dr. Philipp Pichler (counsel, both Competition/Antitrust, both Stuttgart), Aylin Hoffs (Foreign Trade Law, Public Law, Düsseldorf), Dr. Stefan Mayer (partner), Dr. Leonhard Kornwachs (both Tax, both Frankfurt), Dr. Tim Weber (partner), Konrad Discher (counsel, both Real Estate, both Frankfurt) and Dr. Alexander Molle (partner, IP/Tech, Berlin).