Moog and Voith Planning Joint Venture

The global technology company Voith Group and Moog Inc., both developers, manufacturers and suppliers of electric, hydraulic and hybrid drive solutions, are currently in talks to form a joint venture based in Rutesheim. The project provides for a strategic partnership to expand the hydrostatic servo-hydraulics business in various industrial markets.

The proposed joint venture aims to combine the solid expertise of both companies in the field of hydrostatic servo drives and leverage synergies to enter new markets. The new joint venture would focus on research and development, design and assembly as well as service. In 1965, the Voith subsidiary Hartmann & Lämmle, which belongs to the Voith Turbo division, was founded in Rutesheim by Hans Hartmann and Franz... ... More: Official Press Release Moog

Keywords:

Moog, Voith, drive solution, joint venture, wind energy, wind power