ABB 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 $63 million in 2021.
The acquisition of this business is part of Motion business area’s profitable growth strategy. It strengthens ABB’s position as a leading industrial NEMA motor manufacturer, and it provides an even stronger platform from which ABB can better serve its global customers.
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 majority of motors in the new product line are suitable for conveyor applications, according to ABB. The acquisition will add five severe-duty motors to ABB’s portfolio, including two models (SD100 and 200) that meet IEEE 841 specifications, as well as a new explosion-proof motor. These motors will expand ABB's capability to provide conveyor solutions for hazardous environments.
The global NEMA motor industry, roughly $2.7 billion in size, comprises industrial electric motors primarily used within North America. NEMA motors are essential components used to run equipment in 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.
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