Hengeler Mueller advises Siemens on the sale of Innomotics to KPS Capital Partners

The Managing Board and Supervisory Board of Siemens AG have approved the sale of Innomotics, a world-leading electric motors and large drives company, to KPS Capital Partners. The contracting parties signed a corresponding agreement following the approval by the Managing Board and Supervisory Board. The purchase price (enterprise value) is €3.5 billion.

The sale to KPS is expected to close in the first half of fiscal 2025 and is subject to foreign-investment and antitrust approvals.

Hengeler Mueller advised Siemens comprehensively on the transaction.

Hengeler Mueller team for Siemens

M&A: Hans-Jörg Ziegenhain, Daniel Möritz (both partners, both lead), Christoph Roth, Sophie Zeidler, Johannes Schmidt, David Negenborn, Lisa Schwarz, Alexander Bömer, Daniel Omasreiter (all associates, all Munich),

Tax: Matthias Scheifele, Gunther Wagner (both partners), Tim Würstlin, Carina Kämpf (associates, all Munich),

Capital Markets: Alexander G. Rang (partner), Dennis Stottmann (associate, both Frankfurt),

Public Law/Investment Screening/FSR: Jan D. Bonhage (partner), Erasmus Hoffmann (counsel), Tassilo Keiber, Matthias Schindlbeck, Daniel Drescher (all associates, all Berlin),

Antitrust: Markus Röhrig (partner, Brussels), Anja Balitzki (counsel, Dusseldorf), Christoph M. Sielmann (associate, Brussels),

Finance: Henning Hilke (partner, Frankfurt),

Employment: Christian Hoefs (partner, Frankfurt),

IP: Matthias Rothkopf (counsel).