The acquisition will expand Siemens Energy’s digital grid portfolio at a time of accelerated global investment in electricity networks. The transaction is subject to regulatory approvals and is expected to close before the end of 2026.
Power grids worldwide are under increasing pressure from aging infrastructure, rising electrification, higher load volatility and the rapid integration of renewable energy. The need for digital technologies that provide grid operators with real‑time insight, predictive maintenance and faster fault detection is growing. Through the acquisition of Camlin Group, Siemens Energy will broaden its capabilities and strengthen its digital offering in sensor‑based monitoring, data analytics and software‑enabled grid intelligence.
Camlin Group is headquartered in Lisburn, Northern Ireland, employs around 650 people, and operates across UK, Europe, North America, Australia and Asia, with a revenue of over £90 million. Founded in 2010, by a small group of engineers in Northern Ireland, Camlin Group quickly expanded by delivering innovative engineering solutions across energy and rail systems.
“Grid expansion and digitalisation are becoming decisive factors for energy security, economic growth and the energy transition” said Tim Holt, Member of the Executive Board of Siemens Energy. “In an ever-changing market, we need to adapt quickly. That is why we are constantly strengthening and expanding our existing portfolio. Camlin Group is known for their high-quality products, skilled workforce and advanced software portfolio. Together, we can help customers move from reactive maintenance to data‑driven, condition‑based operation.”
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