A New Name Following Spin-Off
Siemens Healthineers plans to change its name to Healthineers as part of its transition to a fully standalone healthcare company. The rebranding is linked to Siemens' planned deconsolidation of the medical technology business in 2027 through a spin-off.
The proposed name change marks the next step in the company's development as an independent business. For Siemens, the move is intended to sharpen its strategic focus on industrial artificial intelligence (AI) and combining the real and digital worlds.
"This is the logical next step in a journey we started years ago – and one that has proven hugely successful," explained Roland Busch, President and CEO Siemens AG.
He added that Siemens Healthineers had developed from its Siemens roots into a global company in its own right. The separation will also allow Siemens to focus more clearly on scaling industrial AI.
Siemens Sharpens Industrial AI Focus
The name change reflects the planned separation of the two companies and their distinct future positioning. While Healthineers will continue its focus on healthcare, Siemens intends to strengthen its profile as an industrial AI company.
"Siemens is where we have come from and remains an important and treasured part of our heritage. Healthineers is who we are – engineers and pioneers in healthcare. After the deconsolidation from Siemens, we will write the next chapters of our journey in the Healthineers name and will continue pioneering breakthroughs in healthcare for everyone. Everywhere. Sustainably." said Bernd Montag, President and CEO Siemens Healthineers AG.
Shareholder Approval and Transition Timeline
The planned spin-off is expected to take place in 2027 and requires shareholder approval from both companies. The proposal will be submitted at their annual shareholders' meetings in February 2027. The name change to Healthineers also requires approval at the Siemens Healthineers annual shareholders' meeting.
The brand transition is expected to begin after the spin-off has been entered into the German Commercial Register, completing the separation from Siemens.
A three-year brand transition agreement has been established to support the process. This period will allow for a gradual transition, including the re-registration of legal entities and products. The planned rebranding will establish Healthineers as the company's new identity following its separation from Siemens, while allowing time for the organizational and legal changes associated with the transition.
Source: Siemens Healthineers
