Siemens : acquires Vendigital – a UK-based data-led operations consulting company

Press release

January 16 2023

Siemens acquires Vendigital - a UK-baseddata-led operations consulting company

• Siemens Advanta expands its footprint in the United Kingdom
• Vendigital is a leading UK-based Operations Consultancy
• Complementary capabilities to add value for Siemens' clients

Siemens has acquired the UK-based consulting company Vendigital, which will become part of Siemens Advanta, the professional services business unit of Siemens. The transaction was signed and closed on December 22, 2022.

Vendigital, an award-winning consultancy headquartered in London, will complement Siemens Advanta's digital and strategic consulting service capabilities for industrial customers. The company's 100 employees are serving blue chip clients applying their expertise in data-led cost transformation, with a focus on supply chain management, procurement, cost and value engineering and operating strategy.

"We are excited to welcome Vendigital to our growing Siemens Advanta business." said Aymeric Sarrazin, CEO of Siemens Advanta. "By combining our expertise and capabilities, we can provide even more value to our clients along their value chain, while fostering our business at scale in the UK."

Roy Williams, CEO of Vendigital, states: "We are delighted to be part of Siemens Advanta and are excited at the prospect of leading in the UK market as part of this very strong global brand. This will accelerate our growth, enhance the services we provide to clients and provide excellent career opportunities for our employees."

Carl Ennis, CEO Siemens Great Britain & Ireland: "With Vendigital joining Siemens Advanta in the UK, this will significantly reinforce Siemens' digital transformation services in the region. Thanks to Vendigital's proven capabilities in data-led cost transformation, supply chain management, and operations strategy, we can now better address the high demand for management consulting of our existing customers and prospects in the UK and Ireland."

Siemens Advanta enables its clients to unlock the digital future and master their sustainability transformation. Siemens Advanta combines more than 10,000 employees into a global network of cross-functional teams and highly skilled experts.

Contact for media

Dorothy Fohtung, Siemens Advanta Head of Marketing & Communications Tel: [phone]; E-Mail:[e-mail]

Anne Roberts, Siemens plc Head of External Relations

Tel.: [phone]; E-Mail:[e-mail]

Christine Smart, Pearl Comms, for Vendigital related queries

Tel.: [phone], E-Mail:[e-mail]

Siemens Advanta is the strategic business unit of Siemens, enabling companies to unlock the digital future by offering end- to-end support on their unique digitalization journey. Siemens Advanta is a strategic advisor and a trusted implementation partner in digital transformation and industrial IoT with a global network of more than 10000 employees in 19 countries and 89 offices. Highly skilled and experienced experts offer services which range from consulting to design & prototyping to solution & implementation and operation - everything out of one hand. Further information is available on the Internet at www.siemens-advanta.com.

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.

In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

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