Pepperl+Fuchs acquires the proximity sensor business of Siemens

Pepperl+Fuchs, Mannheim, Germany, and the Siemens Division Industry Automation, Nuremberg, have signed an agreement regarding the acquisition of the Siemens binary proximity sensors business by Pepperl+Fuchs. Both companies said they guarantee a delivery capacity without interruption during the integration.

04/01/2010


Siemens says that its Simatic PX proximity switches offer the right solution for every application and sector and assure seamless control throughout the process chain.

Siemens says that its Simatic PX proximity switches offer the right solution for every application and sector and assure seamless control throughout the process chain.

 

Pepperl+Fuchs, Mannheim, Germany, and the Siemens Division Industry Automation, Nuremberg, have signed an agreement regarding the acquisition of the Siemens binary proximity sensors business by Pepperl+Fuchs. Both companies said they guarantee a delivery capacity without interruption during the integration. The transfer of the business is scheduled for mid-2010.

 

The transaction amount was not disclosed. P+F says the acquisition would enlarge the P+F offering of inductive proximity sensors and photoelectric sensors and would strengthen its market position for ultrasonic sensor technology for factory automation.

 

After learning of the agreement, Control Engineering asked Siemens and Pepperl+Fuchs for more information about the transactions. See P+F answers online. Siemens' response follows:

 

CE: Why did Siemens sell this business?

 

Siemens : As part of the ongoing review of our portfolio, Siemens has decided to sell its Simatic PX production sensor business to Pepperl+Fuchs. The sale of the PX business reflects the decision by Siemens AG to withdraw strategically from the production sensor business, specifically proximity switches. Siemens' goal was to find a buyer who could offer better development opportunities outside Siemens for the Simatic PX proximity switches. Pepperl+Fuchs is just such a company. They are the worldwide leading manufacturer of electronic sensors and components for intrinsically-safe explosion protection.

 

CE: For customers asking Siemens for proximity sensors after mid-year, what will be the reply?

 

Siemens : To guarantee continuity of supply of proximity switches, Siemens is asking its customer to please continue placing orders with existing contacts. The seamless transfer of the PX business to Pepperl+Fuchs is planned for the second quarter of this calendar year. In the interim, customers will continue to be served by Siemens sales channels as normal. There will be an announcement informing customers when Pepperl+Fuchs will take over as their supplier of proximity switches. After the contracts are signed (Q2 2010) there will be a transitional period of several months, during which the business will be transferred to the new owner. This involves establishing the IT infrastructure required by the new buyer and preparing premises where necessary. On the closing date, all business data, contracts, customer relationships, inventories and supplies, along with machinery and other equipment, will pass to Pepperl+Fuchs. At that time, Pepperl+Fuchs will take full responsibility for the PX business and will assume all rights and obligations.

 

CE: Are there any other business units or product lines for sale?

 

Siemens : Siemens doesn't have any announcements to make at this time.

 

www.siemens.com/industryautomation

 

 

 



No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
Hannover Messe 2016: Taking hold of the future - Partner Country status spotlights U.S. manufacturing; Honoring manufacturing excellence: The 2015 Product of the Year Winners
Inside IIoT: How technology, strategy can improve your operation; Dry media or web scrubber?; Six steps to design a PM program
World-class manufacturing: A recipe for success: Finding the right mix for a salad dressing line; 2015 Salary Survey: Manufacturing slump dims enthusiasm
Getting to the bottom of subsea repairs: Older pipelines need more attention, and operators need a repair strategy; OTC preview; Offshore production difficult - and crucial
Digital oilfields: Integrated HMI/SCADA systems enable smarter data acquisition; Real-world impact of simulation; Electric actuator technology prospers in production fields
Special report: U.S. natural gas; LNG transport technologies evolve to meet market demand; Understanding new methane regulations; Predictive maintenance for gas pipeline compressors
Warehouse winter comfort: The HTHV solution; Cooling with natural gas; Plastics industry booming
Managing automation upgrades, retrofits; Making technical, business sense; Ensuring network cyber security
Designing generator systems; Using online commissioning tools; Selective coordination best practices

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role that compressed air plays in manufacturing plants.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
click me