M&A Deal Summary

Siemens Acquires Maschinenbau Kiel-Locomotive

On January 1, 1992, Siemens acquired machinery company Maschinenbau Kiel-Locomotive from Maschinenbau Kiel

Acquisition Highlights
  • This is Siemens’ 1st transaction in the Machinery sector.
  • This is Siemens’ 1st transaction in Germany.
Investment Fate
  • Maschinenbau Kiel-Locomotive was divested to a consortium of strategic buyers in 1998.

M&A Deal Summary
Date 1992-01-01
Target Maschinenbau Kiel-Locomotive
Sector Machinery
Buyer(s) Siemens
Sellers(s) Maschinenbau Kiel
Deal Type Divestiture

Target

Maschinenbau Kiel-Locomotive

Kiel, Germany
Maschinenbau Kiel-Locomotive designs , manufactures engine services.

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Buyer(S) 1

Buyer

Siemens

Munich, Germany
Category Company
Founded 1847
Sector Diversified
Employees320,000
Revenue 77.8B EUR (2023)
DESCRIPTION
Siemens office building in St. Louis, Missouri.
Siemens office building in St. Louis, Missouri.

Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.

DEAL STATS #
Overall 1 of 51
Sector (Machinery) 1 of 4
Type (Divestiture) 1 of 4
Country (Germany) 1 of 8
Year (1992) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1994-06-28 Pacesetter

Sylmar, California, United States

Pacesetter, Inc. develops and manufactures cardiovascular and implantable neurostimulation medical devices.

Sell $525M

Seller(S) 1

SELLER

Maschinenbau Kiel

Kiel, Germany
Category Company
Founded 1948
Sector Machinery
DESCRIPTION

Maschinenbau Kiel GmbH designs, manufactures military vehicles, locomotive and marine diesel engine.

DEAL STATS #
Overall 2 of 3
Sector (Machinery) 2 of 3
Type (Divestiture) 2 of 3
Country (Germany) 2 of 3
Year (1992) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1990-01-01 Maschinenbau Kiel-Military Vehicles

Kiel, Germany

Maschinenbau Kiel designs and manufactures military vehicles.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 Maschinenbau Kiel-Marine Diesel

Kiel, Germany

Maschinenbau Kiel-Marine Diesel, desigins, manufactures and markets marine diesel engines, diesel locomotives.

Sell -
Mergr

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