Ebm Pope | Air technology for many industries
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The Ebm Pope Group has signed an agreement to sell its Industrial Drive Technology (IDT) business to Siemens. The new home offers excellent international growth and development opportunities. Detailed information about new business reports and other news can be found below in this article:
Contents
- Ebm-Papst wants to sell industrial drive technology to Siemens
- Annual report 2021 / 2022: 2,288 billion euros record turnover
- Annual Report 2018 / 2019: Internationalization and 6,7% growth
- Ebm Pope Group strengthens US business with second location
- Annual Report 2017 / 2018: Second turnover exceeded one billion
- Who is Ebm Papst?
Ebm-Papst wants to sell industrial drive technology to Siemens
March 28.03.2024, XNUMX | The Ebm-Papst Group has announced that it will sell its Industrial Drive Technology (IDT) division to the Siemens AG for sale. Both sides have signed a corresponding agreement.
With the intended sale, the division will gain international market access through a larger global sales organization. This opens up new opportunities for innovation and further business growth.
The employees are taken over by Siemens. It was agreed not to disclose the price. The transaction will be completed by mid-2025 and is subject to foreign trade and merger control approvals.
Annual report 2021/2022: 2,288 billion euros record turnover
23.06.2022/31/2022 | The Ebm Papst Group closes the 2021/22 financial year, which ended on March XNUMX, XNUMX, with a Revenue of EUR 2,288 billion away. Compared to the previous year with EUR 2,082 billion, the technology leader in fans and Engines from Mulfingen, an increase of 9,9%. The number of employees grew to a total of 14.778 employees worldwide.
"We can look back on a financial year characterized by great tension on the procurement markets, global political crises and the challenges caused by the pandemic," commented dr Klaus Geissdorfer, CEO of the Ebm Papst Group. "Despite great efforts and flexibility at all working levels - especially due to the global fight for electronic components - and an investment program of over 140 million euros, we were not able to fully meet the enormous market needs and demands for our energy-efficient solutions. Nevertheless, we were able to achieve a new record turnover in our company's history."
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The current fiscal year 2022/23 As of today, the manufacturer of air and drive systems is planning one moderate sales growth, because a reliable sales forecast cannot currently be made due to the current economic and geopolitical situation. Around EUR 130 million is to flow into R&D, in particular to further increase the resource efficiency of the entire product portfolio. In doing so, Ebm-Papst contributes to global climate targets and underscores its role as a climate protection company.
Expansion of capacities in the USA and China
On the consistently high customer requirements according to his Drive Technology and fan systems, the company is responding with capacity expansions in China and the USA and with new buildings and laboratories for R&D in Mulfingen. Investments totaling EUR 155 million, 10% more than in the previous year, are to be made.
"EBM-Papst is well positioned worldwide and has great potential in its markets," says Dr. Geißdorfer. “In order to be successful in the long term and fit for the future, we have our program Make a future together started.
We are thereby creating the conditions for further growth, accelerating the international and networked orientation of our organization, sharpening our current business areas, standardizing global processes and creating the foundation of a common system landscape.
This will enable us to expand our range of products and services for our customers in the medium term and focus on long-term growth with sustainability. Our clear focus is on the megatrends of digitalization and climate neutrality.”
Annual Report 2018 / 2019: Internationalization and 6,7% growth
28.06.2019/XNUMX/XNUMX | Of the fans and motors Specialist Ebm-Papst continues on its global growth course. The family-owned company closed the 31/2019 financial year, which ended on March 2018, 19, with sales of €2,183 billion, despite a difficult market environment characterized by political uncertainties and material shortages. Compared to the previous year (€2,046 billion), this means an increase of €137 million (+6,7%). The number of employees remained stable at 15.058 employees worldwide.
Stefan Brandl, CEO of the Ebm-Papst Group, said at a press conference: "We have another successful year of growth behind us, in which we were able to significantly exceed many of our goals." Brandl sees the reasons for the success in the consistent advancement of internationalization activities "local for local". and in the effective implementation of corporate strategy one Ebm Pope.
“We have been positioning our company for a good long-term future with “one-Ebm-Papst” for two years now and are using it to form a structure that is appropriate to the size of the company. We are currently working on around 20 reorganization projects that include all locations and areas, from sales to purchasing and development. In this way, we ensure secure and future-oriented jobs as well as high competitiveness," says Stefan Brandl.
For the current fiscal year, the technology leader is planning moderate sales growth of 1,6% to €2,217 billion. In the field of Total investment The group plans to spend around €196,7 million (+49,2% on the previous year). ebm-papst will soon complete its third production site in China and open the second location in the USA.
What the area Research and development, the technology leader will provide around €114,7 million, including for further development in the areas of aerodynamics/acoustics, digitalization and material innovation.
Ebm Pope Group strengthens US business with second location
20.05.2019/XNUMX/XNUMX | With a second US manufacturing site Ebm-Papst strengthens its business activities on the North American market. In Johnson City, Tennessee, the world market leader for fans and motors will in future manufacture fans for refrigeration, air conditioning and ventilation applications. The company wants to build a new factory in the industrial park near Johnson City.
First of all, the company is currently moving into an existing production building and will start series production in September 2019. In addition, it has acquired a 12-hectare plot of land (picture) in order to work there in a second step to build a new plant. It is planned to invest around USD 37 million (EUR 33 million) in this project over the next five years and employ up to 200 people.
Mark Shiring, Branch Manager Ebm-Papst USA: “Johnson City offers us an excellent infrastructure and very good development opportunities. We are therefore very pleased to be able to start production at our second US location shortly. We see great potential for further growth in North America. The new location is an excellent addition to our headquarters in Farmington.”
Annual report 2017 / 2018: second billion in sales
26.06.2018/2017/18 | The Ebm-Papst group of companies continues on its course of global growth. The family business closed the XNUMX/XNUMX financial year, which ended in March, with a Revenue of EUR 2,043 billion away. Compared to the previous year, this business result represents growth of 7.5%. As of the reporting date, ebm-papst employed 15.115 people.
We were able to grow in almost all regions, in all markets, at all locations, and in many cases even at double-digit rates." Stefan Brandl, Chairman of the Board.
With the introduction of the "One Ebm-Papst" strategy program, Stefan Brandl set the course last year for aligning the company structurally for further qualitative growth: "We are currently working on over 30 strategic projects, through which we will, among other things, increase our efficiency, effectiveness, responsiveness and flexibility and, in the long term, further expand our leading international position as a strong group of companies.”
An important project of the "One Ebm-Papst" program is the Structure 2020. In addition to Europe, ebm-papst is consistently expanding its Asia and America regions according to the "local for local" principle and is increasing independence there, for example in the areas of development, sales and production. Around €201 million will be invested in the current 18/19 financial year in further capacity expansion, for example in Xian, already the fifth location in China, and in the new technology center in Mulfingen.
For the current fiscal year, the technology leader is planning moderate sales growth of 3,1% to €2,107 billion. The company will provide almost €116 million (+6,0%) for the area of research and development, including for the further development of the areas of aerodynamics/acoustics, digitization and material competence and the further development of its start-ups in Dortmund and Osnabrueck.
Who is Ebm Papst?
The Ebm-Papst Group is a family business with headquarters in Mulfingen, Baden-Württemberg. The globally active company develops and produces a comprehensive fan and drive portfolio, including axial fans, radial fans and much more. The fan specialist was founded in 1963. Today, over 20.000 motor technology products such as EC and DC motors, electronics, digitalization and aerodynamics set international market standards. Over 15.000 employees are employed at 29 production sites and 51 sales locations worldwide.
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