Siemens officially announced today that it will sell Inmonta to KPS Capital Partners, a private equity investment company, at a price of about 27.475 billion yuan. Siemens said that the move was to optimize the product portfolio and pave the way for the further development of Inmonta's business. Imonda is a motor and large transmission company with about 15000 employees and a revenue of 3.3 billion euros. This sale will benefit all parties concerned and urge Siemens to give up the previously announced plan of public listing of Inmonta.
The acquirer KPS Capital Partners is a private equity investment company headquartered in New York, the United States, which was founded in 1991. The company once competed with Japanese engine manufacturer Nippon Electric for the acquisition right of Inmonta.
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Siemens officially announced today that it will sell Inmonta to KPS Capital Partners, a private equity investment company, at a price of about 27.475 billion yuan. Siemens said that the move was to optimize the product portfolio and pave the way for the further development of Inmonta's business. Imonda is a motor and large transmission company with about 15000 employees and a revenue of 3.3 billion euros. This sale will enable the relevant
