PCI-6624 Imonda, a leading supplier of motors and large powertrains, is officially established with the launch of a new brand identity
Since July 1, 2023, IMonta has become an independently operated subsidiary of Siemens in Germany
The global spin-off is proceeding in an orderly manner and will be substantially completed by October 1, 2023
With operational headquarters in Nuremberg, Germany, it employs approximately 15,000 people worldwide and generates revenues of approximately €3 billion
On July 1, 2023, Innomotics was established as an independently operated entity in Germany. The motor and large drive company integrates the fields of low to high voltage motors, gear motors, medium voltage frequency converters and motorized spindles, and provides related services and project support. The company’s operational headquarters are located in Nuremberg, Germany, and the spin-off of the relevant business in Germany has been completed, and the global spin-off will be basically completed by October 1, 2023. Imonda will cover the former Siemens Large Drive Applications business unit, the Siemens Digital Industries Group, and the related businesses of Siemens’ legally independent Sykatec and Weiss Spindeltechnologie. With approximately 15,000 employees worldwide, IMPCI-6624 onda, as a pioneer in the field of motors and large drives, is committed to exploring its growth potential to ensure the company’s success in the future market.
As an independently operated legal entity, IMonda has introduced a new corporate identity. The new brand emphasizes that the company is technology – and innovation-oriented, with a strong focus on the employee team. In addition, based on its new brand positioning – “Time for a new green” – Inmonda is well positioned to lead the way in the industries it serves, leveraging the two key market trends of “low carbon” and “digital” to contribute to the high-quality and sustainable development of the industry.
Imonda’s business portfolio includes products, systems, complete solutions and services. With this portfolio, the company is able to help customers improve plant efficiency and use related assets more efficiently, thereby reducing emissions and conserving resources. This portfolio applies not only to new plants, but also to the maintenance, repair and renovation of existing plants. With its portfolio of businesses, IMonta enables customers in a wide range of industries to improve energy efficiency, reduce greenhouse gases and minimize the carbon footprint of their plants.
In the future, Imonta will also work closely with other Siemens business units in the form of product partnPCI-6624 ers in the areas of technology, development and sales, based on the framework of supply and service contracts.
Michael Reichle, CEO of Inmonda, said: “The creation of the new company is an expression of our aspiration to be a leader in innovation in the motor and large drive business, and reflects our recognition as a company with more than 150 years of history and continuous close communication with customers. We are able to gradually replace less sustainable conventional systems with large, efficient electric drivetrains, helping our customers reduce their greenhouse gas emissions, especially in areas with high current carbon emissions.” Reichle said the company sees growth potential in areas such as hydrogen production, onshore power system access for offshore platforms and ships, and future-oriented water supply and water treatment.
“As we embark on a new journey on July 1, 2023, we are excited to work with so many motivated employees towards a future with diverse growth prospects.” Christoph Salentin, Chief Financial Officer of Imonta, said: “With revenues of more than €3 billion, we can target significant volumes and put in place the best organisation to strengthen our leading position in the competition.
