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Home>DRIVES & MOTORS>Electric Motors>Schaeffler acquires Elmotec Statomat

Schaeffler acquires Elmotec Statomat

02 January 2019

Schaeffler has concluded a contract to acquire Elmotec Statomat Holding GmbH, a 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.

Based in Karben near Frankfurt am Main, Germany, Elmotec Statomat is an owner-operated company that generated sales of around 40 million euros in 2017 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 scaleable, innovative winding technologies, Elmotec Statomat has achieved a leading market position in the field of electric motor production. In particular, wave winding technology is considered a leading field of future development for electric mobility in terms of power density, efficiency and cost effective high volume production.

“With its technologies, Elmotec Statomat has already proven its outstanding performance capability and power of innovation. With more than 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, most importantly we are expanding our 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. Jochen Schröder, Head of Schaeffler’s E-Mobility business division.

In late 2016, Schaeffler acquired Compact Dynamics GmbH, a development specialist in the field of innovative electric drive concepts. 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.