Siemens Low Voltage Motors Sale Analyzed
Siemens has agreed to sell its Low Voltage Motors business to Innomotics India for a total price of 2.2 billion rupees. This means Innomotics India will now own the company that makes and sells motors used in factories and other places.
Key Points
- Siemens sells motors to factories and industries.
- Innomotics India will now handle the motor business.
- The deal is worth 2.2 billion rupees.
- The motors are used in direct-on-line applications.
- The sale is expected to finish in June 2026.
- Regulatory approvals, like from the Competition Commission, are needed.
The Low Voltage Motors business creates motors like 1LE7, 1SE0, and 1LA2. These motors are used in factories and other industries. The company also provides support and parts for these motors.
In the last 12 months, this business made 967 million rupees in sales and 35 million rupees in profit. This is about 6% of Siemens’ overall sales and 2% of its profit (excluding another part of Siemens that was sold earlier).
Siemens sold its Innomotics business to KPS Capital Partners. Because of this, Siemens no longer had the skills or technology to run the motor business alone. The business relies heavily on Innomotics (now owned by KPS) for its technology and support.
The sale to Innomotics India was chosen because it’s the best way to continue supporting the business and its customers. The transaction is expected to close in June 2026, depending on getting all the necessary approvals.
Siemens, a major technology company, is focused on making industries, cities, and transportation more efficient and sustainable. They help businesses use technology to improve their operations and reduce their environmental impact.
Siemens’ overall sales increased by 16% to 5,171 crore rupees in the last quarter, primarily driven by growth in its Mobility and Smart Infrastructure segments. However, profits were slightly lower than the previous year due to a one-time gain from selling a property.
“We are pleased to have found the right home for the business with Innomotics, ensuring continuity for our customers and employees.” – Sunil Mathur, Siemens CEO.
