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.

The group said the sale was approved by its managing and supervisory boards, with the transaction expected to close in the first half of fiscal year 2025. “By selling Innomotics to KPS ...

today announced the sale of KPS Global (“KPSG” or “the Company”), the leading provider of custom insulated panel systems, to the Viessmann Generations Group (“Viessmann”), a purpose ...

Siemens expects to book a gain of about EUR2 billion from the sale, Chief Executive Roland Busch said on a conference call on Thursday. KPS separately said the price of the deal is on an ...

KPS invests primarily in industrial companies and was advised by U.S. asset manager Lazard and Bank of America for the sale of Innomotics. --Siemens declined to comment when approached by Dow ...

Sale of the remaining interest in Primient joint ventureto KPS Capital Partners, LP for US$350m (c.£279m) Completes Tate & Lyle's transformation to a growth-focused speciality business Proceeds ...

based Crane, said the sale "reflects yet another important step forward following the numerous actions we have taken over the last few years to simplify our portfolio." KPS manages investment ...

KPS Capital Partners has agreed to sell its Eviosys packaging business to manufacturer Sonoco Products nearly three years after it acquired the provider of aluminium containers for aerosols and ...

The sale of the motors and drives business could ... Nidec declined to comment, while KPS Capital Partners and Siemens did not immediately reply to Reuters' requests for comment.

The sale brought clarity to Innomotics' customers ... Innomotics is well-positioned to continue its success with KPS. Siemens and its shareholders will gain from a focus on integrating the real ...

today announced the successful closing of its sale of KPS Global (“KPSG”), the leading provider of custom insulated panel systems, to Viessmann Generations Group. “Today marks the successful ...