Jul. 12 2023
Innomotics has launched in Germany as a separately managed legal entity as of
July 1, 2023. Under a single roof, the supplier of motors and large drives brings
together business activities with low- to high-voltage motors, geared motors,
medium-voltage converters and motor spindles as well as project and service
offerings for this product portfolio. The company’s operating headquarters are
located in Nuremberg, Germany. The carveout in Germany has now been
completed. The global carveout is also to be largely completed by the beginning of
the new fiscal year on October 1, 2023. In the future, Innomotics will comprise the
previous corresponding businesses from the units Large Drives Applications and
Digital Industries, as well as the separately managed Siemens companies Sykatec
and Weiss Spindeltechnologie. Worldwide, around 15,000 people are working at
Innomotics to realize growth potential and thus secure the company’s future market
success as a trailblazing specialist for motors and large drives.