Schaeffler acquires Ewellix Group

Image: Schaeffler AGImage: Schaeffler AG
“By acquiring Ewellix, we are further strengthening our industrial business and are continuing to follow through on our strategy despite these volatile times,” said Schaeffler AG Chief Executive Officer Klaus Rosenfeld.

Official Press Release Schaeffler AG:

Schaeffler further strengthens industrial business with purchase of Ewellix Group

Wind Industry Profile of
Schaeffler further strengthens industrial business with purchase of Ewellix Group

Innovative market-leading linear technology products provide an attractive complement to existing portfolio in Industrial division / High-growth business area fueled by increasing customer investment in electromechanics, efficiency optimization, and automation and robotics / Integration of highly experienced team promises excellent cultural fit / Major scope for synergies, especially in sales / Schaeffler Group’s robust balance sheet and liquidity position enable continued pursuit of M&A strategy even in volatile times

The automotive and industrial supplier Schaeffler yesterday signed an agreement with an affiliate of Triton Fund V for the acquisition of the Ewellix Group. The purchase of the global manufacturer and supplier of linear technology components and systems, which is... ... More: Official Press Release Schaeffler AG

Schaeffler, acquisition, Ewellix Group, purchase, efficiency optimization, automation, robotics, business, Industrial, portfolio

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