Siemens - M&A Summary and Business Overview

DiversifiedCompany

Siemens M&A Summary

Siemens has acquired 56 companies, including 12 in the last 5 years. A total of 20 acquisitions came from private equity firms. It has also divested 24 assets.

Siemens’ largest acquisition to date was in 2015, when it acquired Dresser-Rand Group for $7.8B. It’s largest disclosed sale occurred in 2014, when it sold Sivantos Group to EQT for $2.4B. Siemens has acquired in 13 different US states, and 12 countries. The Company’s most targeted sectors include software (46%) and machinery (8%).

Siemens Business Overview

Where is Siemens headquartered?

Siemens is headquartered in Munich, Germany.

What is Siemens’ revenue?

Siemens disclosed revenue of 71,977M EUR for 2022 and 62,265M EUR for 2021.

How many employees does Siemens have?

Siemens has 299,000 employees.

What sector is Siemens in?

Siemens is a diversified company.

When was Siemens founded?

Siemens was founded in 1847.

M&A Summary

  • M&A Total Activity73
    • M&A Buy Activity50
    • M&A Sell Activity24
  • Total Sectors Invested 15
  • Total Countries Invested 12
  • M&A Buy/Sell Connections 42
  • M&A Advisors 2

Siemens

Siemens AG

Werner-von-Siemens-Strasse 1,
Munich, 80333
Germany,
+49 89 636 00
www.siemens.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.6/yr) # 42 3 3 2 - - 50
vol $20.1B $1.6B $21.7B
Sell (0.6/yr) # 21 1 - 1 1 - 24
vol $5.7B $2.0B $214M $116M $8.0B
  74

Most Recent M&A

Company Date Value Type
Siemens - Process Gas Chromatography business 2023-07-14 116M EUR Divestiture
Munich, Germany
ZONA Technology, Inc. 2022-07-18 - Add-on Acquisition
Scottsdale, Arizona · www.zonatech.com
Brightly Software, Inc. 2022-06-27 1.6B USD Add-on Acquisition
Cary, North Carolina · www.brightlysoftware.com
Siemens - Commercial Vehicles Electric Propulsion Business 2022-05-20 214M EUR Divestiture
, Germany
Nextflow Software 2021-06-03 - Add-on Acquisition
Nantes, France · www.nextflow-software.com
RailTerm 2021-05-26 - Add-on Acquisition
Mississauga, Ontario · www.railterm.com
OneSpin Solutions GmbH 2021-04-15 - Add-on Acquisition
Munich, Germany · www.onespin-solutions.com
Culgi BV 2020-11-02 - Add-on Acquisition
Leiden, Netherlands · www.culgi.com
Flender GmbH 2020-10-29 2.0B USD Divestiture
Bocholt, Germany · www.flender.com
Avatar Integrated Systems, Inc. 2020-07-15 - Add-on Acquisition
Santa Clara, California · www.avatar-da.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Brightly Software, Inc. 2022-06-27 SmartGov 2024-02-01 1
Cary, North Carolina · www.brightlysoftware.com Cary, North Carolina
Siemens Logistics GmbH    - Siemens Logistics' Mail and Parcel Business 2022-02-09 1
Constance, Germany · www.siemens-logistics.com Constance, Germany
Mentor Graphics Corp. 2016-11-14 Mentor Graphics Corp. - Quantix Business 2020-06-26 1
Wilsonville, Oregon · www.mentor.com Wilsonville, Oregon
Siemens Healthineers AG    - ECG Management Consultants, Inc. 2019-09-30 2
Erlangen, Germany · www.siemens-healthineers.com Seattle, Washington · www.ecgmc.com
Siemens Healthcare GmbH    - Corindus Vascular Robotics, Inc. 2019-08-08 5
Erlangen, Germany · www.healthcare.siemens.com Waltham, Massachusetts · www.corindus.com
Siemens PLM Software    - Lightwork Design Ltd. 2018-09-19 2
Plano, Texas · www.plm.automation.siemens.com Sheffield, United Kingdom · www.lightworkdesign.com
Siemens Healthcare GmbH    - Epocal, Inc. 2017-07-21 4
Erlangen, Germany · www.healthcare.siemens.com Ottawa, Ontario · www.epocal.com
Dresser-Rand Group, Inc.    - Grupo Guascor, S.L. 2011-05-04 5
Houston, Texas · ww.dresser-rand.com Alava, Spain · www.guascor.com
Siemens Power Generation GmbH    - Kuhnle, Kopp & Kausch 2006-11-01 1
Erlangen, Germany · www.energy.siemens.com Frankenthal, Germany · www.agkkk.de

M&A by Sector

Sector Buy # Value Sell # Value
Software 23 (47%) 2.2B (10%) 1 (4%) 383M (5%)
Information Technology 4 (8%) 7.2B (33%) 4 (17%) 800M (10%)
Machinery 4 (8%) 1.2B (6%) 4 (17%) 220M (3%)
Electrical Equipment 3 (6%) - 2 (8%) -
Manufacturing 1 (2%) - 3 (13%) 2.2B (28%)
Technology Hardware 1 (2%) - 3 (13%) 585M (7%)
Internet Software and Services 3 (6%) 2.3B (11%) - -
Medical Products 2 (4%) 1.0B (5%) 1 (4%) 525M (7%)
Energy Services and Equipment 2 (4%) 7.8B (36%) - -
Electronics 1 (2%) - 1 (4%) 2.4B (30%)
Semiconductors 1 (2%) - 1 (4%) -
Business Services 1 (2%) - - -
Communications 1 (2%) - - -
Infrastructure 1 (2%) - - -
Safety/Security 1 (2%) - - -
Aerospace - - 1 (4%) -
Automotive - - 1 (4%) -
Environmental - - 1 (4%) 721M (9%)
Oil/Gas Exploration - - 1 (4%) 116M (1%)
Total 49 $21.7B 24 $8.0B

By Geo

State/Country Buy Value Sell Value
United States 23 17.0B 6 2.2B
  California 4 40M 1 525M
  Texas 4 7.8B 1 -
  Massachusetts 3 730M 1 585M
  North Carolina 2 1.6B - -
  New York 2 970M - -
  Florida 1 350M 1 383M
  Indiana 1 - - -
  Arizona 1 - - -
  Washington 1 - - -
  Virginia 1 - - -
  Tennessee 1 1.0B - -
  Oregon 1 4.5B - -
  Nebraska 1 - - -
  Georgia - - 1 -
  Pennsylvania - - 1 721M
Germany 8 - 13 5.8B
United Kingdom 7 3.9B 1 -
Belgium 2 866M 1 -
Canada 2 - - -
  Saskatchewan 1 - - -
  Ontario 1 - - -
Finland 1 - 1 -
Netherlands 2 - - -
Australia 1 - - -
Brazil 1 - - -
France 1 - - -
Luxembourg - - 1 -
Philippines - - 1 -
Spain 1 - - -
Sweden 1 - - -
Domestic 8 (16%) - 13 (54%) 5.8B (72%)
Cross-border 42 (84%) 21.7B (100%) 11 (46%) 2.2B (28%)
Total 50 $21.7B 24 $8.0B

Top M&A Advisors

Financial Deals
Rothschild Global Advisory
1
Legal Deals
Freshfields
1

Deal Values

buy # Total
> $1B 6 $18.8B
$100M to $1B 4 $2.9B
< $100M 1 $40M
TOTAL $21.7B
Largest Dresser-Rand Group, Inc.
$7.8B (2015-06-29)
sell # Total
> $1B 2 $4.4B
$100M to $1B 8 $3.6B
TOTAL $8.0B
Largest Sivantos Group
$2.4B (2014-11-06)

M&A Connections

Deals
Acquired from
Investor(s)
28%
14 (28%)
Strategic(s)
8%
4 (8%)
Divested to
Investor(s)
50%
12 (50%)
Strategic(s)
46%
11 (46%)

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