Siemens acquires AG Kuehnle, Kopp & Kausch

21 July 2006 – The Siemens Power Generation Group (PG) is acquiring the enture share capital of Kuehnle, Kopp & Kausch. Headquartered in Frankenthal, Germany, this company develops, manufactures and markets steam turbines with a rating of up to 5 MW, as well as turbocompressors and fans for industrial applications.

The company has locations in Frankenthal, Bad Hersfeld, Zweibruecken and Leipzig (Germany) and in Helsingor (Denmark) and recorded sales of around €270m ($339m) in 2005 with a workforce of approximately 1400. The take-over is subject to the approval of the anti-trust authorities.

“Kuehnle, Kopp & Kausch extends our product portfolio in the industrial applications market segment still farther into the lower output range. With this addition, our industrial steam turbine range stretches from 45 KW to 180 MW, while in the field of compressors we are now able to offer a broad spectrum of smaller standard machines in addition to large process gas compressors. At the same time this gives us access to growing market segments in Asia and North America, and to new customer groups, for example in the water treatment and effluent management industry,” said Klaus Voges, group president of Siemens Power Generation.

Turbines made by the AG Kuehnle, Kopp & Kausch group are used to generate electric power or as mechanical drives, in applications such as wood and paper processing, in the chemical and petrochemical industry, and in the steel, textiles and foodstuffs industries. The company’s turbocompressors are to be found not only in various chemical processes, but also in the water resources and effluent management industry and in ore extraction. Fans made by Kuehnle, Kopp & Kausch are used in, for example, power plants, in mining, and in the steel and cement industries.

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