Schaeffler acquires Elmotec Statomat

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6-spindle winding machine for high-volume production – for quantities of up to one million pieces. Pictures: Elmotec Statomat

The global automotive and industrial supplier Schaeffler concluded a contract to acquire Elmotec Statomat Holding GmbH, based in Karben near Frankfurt am Main, Germany. Elmotec Statomat is one of the world’s leading manufacturers of production machinery for the high-volume construction of electric motors and possesses unique expertise in the field of winding technology. With this acquisition, Schaeffler is expanding its expertise in the construction of electric motors and thereby driving forward the implementation of its electric mobility strategy. Elmotec Statomat is an owner-operated company that in 2017 generated sales of around 40 million euros and currently has around 200 employees; the company has been a technology leader in the field of production machinery for electric motor construction for over 60 years, with a primary focus on the production of stators. With its individually scalable, innovative winding technologies, the company has achieved a leading market position in the field of electric motor production. Schaeffler previously acquired Compact Dynamics GmbH – a development specialist in the field of innovative electric drive concepts – at the end of 2016. By acquiring Elmotec Statomat, this expertise will be expanded by the addition of further expertise in the high-volume production of stators for electric motors. “With the Schaeffler Group – an innovative family company with extensive manufacturing expertise – we have found the perfect partner for further developing our technologies. Schaeffler has comprehensive expertise and capacities in tool manufacture and special machinery, as well as extensive experience in safeguarding and industrializing technologies. 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,” said Sadik Sadiku, Owner and Managing Partner of Elmotec Statomat. The acquisition is to be completed during the first quarter of 2019 once all of the closing conditions have been submitted.