Innomotics wins several orders to provide motor and drive technology for eLNG projects, totaling a volume in the higher ...
On May 16, 2024, SIEGY inked a deal with KPS to sell its Innomotics business for €3.5 billion ($3.85 billion). Siemens decided in November 2022 to consolidate its significant drive and electric motor ...
Innomotics wins several orders to provide motor and drive technology for turbine replacement projects, totaling a volume in the higher double-digit million EUR range Environmental, operational and ...
HANOVER, Germany, April 1, 2025 /PRNewswire/ -- Innomotics GmbH, a globally leading provider of electric motors and large drive systems and Danfoss Drives A/S, a global leader in low-voltage drives, ...
BERLIN, March 1 (Reuters) - Siemens AG SIEGn.DE said Wednesday that the spin-out of its motors and drives business would result in a wholly owned subsidiary named Innomotics and would be largely ...
Significant reductions in energy consumption, CO₂ emissions, and operating costs for energy-intensive industries Growing ...
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Innomotics accelerates LNG electrification with major eLNG drive orders worldwide
Innomotics wins several orders to provide motor and drive technology for eLNG projects, totaling a volume in the higher double-digit million EUR range Innomotics advances electrification of LNG ...
Siemens Aktiengesellschaft SIEGY announced that it closed the previously announced sale of Innomotics to KPS Capital Partners. This move marks a step toward optimizing SEIGY’s portfolio. On May 16, ...
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