BERLIN, Germany and LISBURN, UK, June 5, 2026 – Siemens Energy reached an agreement to acquire Camlin Group, adding grid monitoring, analytics and software systems to its digital grid portfolio. The transaction is expected to close before the end of 2026.
The acquisition would broaden Siemens Energy’s work in sensor-based monitoring, data analytics and software for electricity networks. The deal comes as utilities and grid operators increase investment in grid infrastructure to support electricity demand, renewable energy integration and network reliability.
Tim Holt, member of the executive board of Siemens Energy said: “Grid expansion and digitalization are becoming decisive factors for energy security, economic growth and the energy transition. 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.”
Peter Cunningham, CEO of Camlin Group, said: “Our partnership with Siemens Energy reflects a strong alignment in values, technology and long-term vision. Siemens Energy recognises the strength of our technology, our people and our customer relationships, and sees Camlin as a natural fit within their strategy for the future grid. For our customers, business operations will continue as usual and our experienced leadership team will remain at the helm. Longer term, Siemens Energy’s scale, investment and global reach will help us move faster and deliver greater impact across our markets.”
Source: Siemens Energy
About Siemens Energy
Siemens Energy is a global energy technology company headquartered in Munich, Germany. The company became a separate entity from Siemens AG in 2020 and traces its energy-sector work to Siemens’ longer engineering history. It supplies gas and steam turbines, wind turbines, power transmission systems, grid technologies, and industrial decarbonization services. Siemens Energy serves utilities, independent power producers, transmission operators, and industrial customers in power generation, oil and gas, and renewable energy. Its work includes hydrogen production and storage, carbon capture, and energy efficiency technologies. Siemens Energy employs about 101,000 people worldwide in more than 90 countries.
About Camlin Group
Camlin Group develops monitoring systems, software and support services for energy and rail infrastructure. Founded in Northern Ireland, the company serves utilities, network operators, renewable energy owners and rail operators. Its energy products monitor transformers, overhead lines, low-voltage networks, circuit breakers and underground cables. They support fault location, asset assessment, temporary power restoration and power quality analysis. Its rail products monitor train fleets, pantographs, roofs, bogies, catenary equipment and signaling power. Camlin also provides installation, commissioning, incident support, condition assessment, training and operational support. The company is headquartered in Lisburn, Northern Ireland, and employs about 650 people. It operates across the United Kingdom, Europe, North America, Australia and Asia.