ABB Completes Acquisition Of Siemens Low Voltage NEMA Motor Business

ABB announced that the company has completed its acquisition of the Siemens low voltage NEMA motor business. The transaction was originally announced August 11, 2022, and financial terms of the transaction were not disclosed. The business employs around 600 people and generated revenues of approximately US$ 63 million in 2021.

The acquisition of this business is part of the Motion business area’s profitable growth strategy. It strengthens ABB’s position as a major industrial NEMA motor manufacturer, and it provides an even stronger platform from which ABB can better serve its global customers.

ABB acquires Siemens low voltage NEMA motor business

The line of horizontal and vertical induction severe duty and general purpose motors will be re-branded as ABB

The line of horizontal and vertical induction severe duty and general purpose motors will be re-branded as ABB and reintroduced to the market during second quarter of 2023.

The global NEMA motor industry, roughly US$ 2.7 billion in size, comprises industrial electric motors primarily used within North America.

NEMA motors

NEMA motors are essential components used to run equipment in varied industries, such as food and beverage, oil and gas, mining & aggregate, and water & wastewater and in applications, like those which move air, liquids, and units.

ABB is a globally renowned technology company in the field of electrification and automation, enabling a more sustainable and resource-efficient future.

ABB solutions connect engineering know-how and software

The company’s solutions connect engineering know-how and software, in order to optimize how things are manufactured, moved, powered and operated.

Building on more than 130 years of excellence, ABB’s approximately 105,000 employees are committed to driving innovations that accelerate industrial transformation.