Schaeffler Acquires Elmotec Statomat To Further Electric Mobility Strategy

Schaeffler AG Acquisition Elmotec Statomat Holding GmbH Electric Mobility Strategy Electric Motor Production
Schaeffler Acquires Elmotec Statomat To Further Electric Mobility Strategy

Global automotive and industrial supplier Schaeffler has announced that it has acquired Elmotec Statomat Holding GmbH, manufacturer of production machinery for the high-volume construction of electric motors. This acquisition is expected to expand Schaeffler’s technology and industrialisation expertise in the field of electric motor production, and would be a step in the implementation of its electric mobility strategy. The acquisition is to be completed during the first quarter of 2019, once all the closing conditions have been submitted. It has been agreed that the purchasing price will not be disclosed.

Elmotec Statomat possesses unique expertise in the field of winding technology, the company noted. The company has about 200 employees, and is said to have been a technology leader in the field of production machinery for electric motor construction for over 60 years. Elmotec Statomat has its primary focus on the production of stators, and offers individually scalable, innovative winding technologies. Wave winding technology in particular is considered a leading field of future development for electric mobility in terms of power density, efficiency, and efficient high-volume production, Schaeffler said.

Schaeffler previously acquired Compact Dynamics GmbH in 2016, which is a development specialist in the field of innovative electric drive concepts. With the acquisition of Elmotec Statomat, this expertise will be expanded by the addition of further expertise in the high-volume production of stators for electric motors, it said.

Klaus Rosenfeld, CEO, Schaeffler AG, said electric mobility is one of the company’s central fields of future development. By acquiring Elmotec Statomat, Schaeffler is taking a further important step to expand its manufacturing expertise in this field and consistently implement its electric mobility strategy, he added. “This acquisition will enable us to seamlessly and completely accommodate the industrialization of electric motor construction within our company and close the last remaining technology gap in the production of rotors and stators,” Rosenfeld said.

Elmotec Statomat has already proven its outstanding performance capability and power of innovation with its technologies, noted Dr Jochen Schröder, Head, E-Mobility business division, Schaeffler. He said that with over 50 individual intellectual property rights in 13 patent classes worldwide, the company is one of the world’s leaders in the field of winding technology in stator production. Through this acquisition, Schaeffler is most importantly expanding its manufacturing expertise in the field of electric motors and thus opening up further potential for growth by producing electric motors and stator production facilities, explained Dr Schröder.

Sadik Sadiku, Owner and Managing Partner, Elmotec Statomat GmbH, said the company has found the perfect partner for further developing its technologies, with the Schaeffler Group. Schaeffler has comprehensive expertise and capacities in tool manufacture and special machinery, as well as extensive experience in safeguarding and industrialising technologies, he added. Sadiku further said, “Together, we see great growth potential in the manufacture of electric motors and electric motor production facilities. The transition to electric mobility promises special opportunities from which all of our customers will benefit.”