Germany's Siemens AG (SIE.XE) said Wednesday that it has renamed its NEM Energy subsidiary Siemens Heat Transfer Technology.
The rebranding is part of a broader push toward integrating the company more closely into Siemens's gas and power division, Siemens said.
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"Besides the name change, all other company details and the current legal structure remain unchanged," Siemens said in a release.
Siemens acquired the company, which specializes in heat-recovery steam generators for power plants, from HTP Capital BV in 2011.
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(END) Dow Jones Newswires
January 17, 2018 06:02 ET (11:02 GMT)