Siemens Energy is starting preparations for business area Transformation of Industry to become a standalone company
Siemens Energy is starting preparations for the legal and operational separation of its Transformation of Industry business area. The goal is to establish the business as a standalone entity and create a strong, independent industrial energy solutions company. The future setup is intended to provide Transformation of Industry with greater entrepreneurial flexibility and additional options for further growth – ranging from bringing in external investors to a potential capital markets transaction. Siemens Energy intends to deconsolidate the business while retaining a meaningful minority stake to support the business's continued development.
