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Siemens AG Wittelsbacherplatz 2 80333 München, Germany http://www.siemens.com
Contact Mr Stephan Heimbach +49 89 63634134
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Siemens AG

Siemens to acquire the Rolls-Royce Energy gas turbine and compressor business and enter into a long-term technology partnership

(PresseBox) (München, )
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- Siemens completes portfolio with aero-derivative gas turbines for growth in the oil and gas and decentralized power generation sectors
- Purchase price for the acquired business is £785 million or about €950 million
- Transaction expected to close before the end of December 2014

Siemens is acquiring the Rolls-Royce Energy aero-derivative gas turbine and compressor business and thereby strengthening its position in the growing oil and gas industry as well as in the field of decentralized power generation. The purchase price is £785 million or about €950 million. The transaction is expected to close before the end of December 2014, subject xt mvzgdqorll xofxsqark.

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