Siemens mulls over stock exchange listing for Innomotics
In an announcement made in Munich, tech giant Siemens shares that they're setting their sights on listing their Innomotics business on the stock exchange, if given the chance. Simultaneously, the company will be evaluating third-party offers for the business, potentially considering them as alternative options. The primary preparation process for the potential stock exchange listing is now underway.
Resembling a separate entity, Innomotics, which specializes in motors and large drives, has successfully completed its spin-off, employed by a robust workforce of 15,000 individuals.
Some may speculate on Siemens potentially floating its electronics-driven Innomotics in an industry-specific stock exchange. With Siemens' Innomotics ascending to significant prominence and boasting innovative technologies, intrigue from electronics companies might possibly arise.
Despite the speculation surrounding a potential stock exchange listing, it's essential to note that current sources do not reveal details about an Initial Public Offering (IPO) in the works for Innomotics. Instead, there's evidence that suggests Siemens sold Innomotics to financial investor KPS Capital Partners for a substantial sum of 3.1 billion euros in October 2024[5]. This transaction proved vital to Siemens' first-quarter net profit in fiscal 2025[1][3][5].
As for prospective electronics industry suitors interested in acquiring Innomotics, the available data does not unveil specific companies or entities that might be on the hunt. Focus remains pointed towards the financial transactions' influence on Siemens' fiscal report[1][3][5].