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Schaeffler acquires Ewellix Group
Official Press Release Schaeffler AG:
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
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- Schaeffler, acquisition, Ewellix Group, purchase, efficiency optimization, automation, robotics, business, Industrial, portfolio