Siemens Energy to separate Transformation of Industry into standalone company
- The business employs about 17,000 people and generated €5.7 billion in revenue in fiscal year 2025.
- Reported profit margin for FY2025 was 11.3%.
- Siemens Energy intends to deconsolidate the unit while retaining a meaningful minority stake and may seek external investors or a capital markets transaction.
- Around 50% of revenue is recurring service; the business has more than 85,000 units installed globally and will operate under the future brand Omterra.
Transaction outline
Siemens Energy has launched legal and operational separation of its Transformation of Industry business with the objective of creating a standalone industrial energy solutions company. The plan aims to provide the unit with greater entrepreneurial flexibility and growth options, including the possibility of external investors or a capital markets transaction, while Siemens Energy expects to retain a meaningful minority stake.
Rationale
Within the current Group, the business competes for investment with faster-growing units; Siemens Energy will focus its capital on power generation and power transmission. Management says the standalone setup would let the unit react faster to markets that are more transactional and have different customer needs, such as oil & gas, chemicals, process industries, paper, cement and maritime.
Business profile
The unit covers technologies including industrial steam turbines, compressors, electrolyzers, generators and motors, plus maritime and subsea systems. In FY2025 it employed ~17,000 people, generated €5.7 billion revenue and posted an 11.3% profit margin; roughly 50% of revenue is service and it has over 85,000 installed units worldwide.
Next steps
The carved-out business will initially operate under Siemens Energy’s future brand Omterra and continues to operate across key manufacturing sites in Germany and internationally as preparations for legal and operational separation proceed.
Source: Siemens Energy
