Category: Acquisition

BorgWarner acquires Drivetek AG

News Desk

BorgWarner Inc. has acquired Drivetek AG, a Switzerland-based company that offers engineering and product development services for inverters, electric drive solutions, and power electronics as well as a line of products that include specialized inverters for high-speed electrified turbomachinery. Their competencies include design and development of power electronics and electrical machines, system engineering, and control software. Drivetek supports […]

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Schuler acquires Sovema Group to become systems supplier for large-scale battery cell manufacturing

News Desk

Schuler has acquired the Italian mechanical engineering firm Sovema Group to become a leading systems supplier of battery cell manufacturing solutions for the automotive industry and other sectors. Together with Sovema, Schuler will develop the capabilities needed to equip gigafactories for the mass production of lithium-ion batteries, whose large-scale availability is essential for the success […]

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Saietta acquires e-Traction from Evergrande New Energy Vehicle Group

News Desk

Saietta Group plc (Saietta), specialists in high-tech advanced e-mobility propulsion, has recently announced the 100% acquisition of e-Traction Europe B.V. (e-Traction) from Evergrande New Energy Vehicle Group. The move accelerates Saietta’s growth strategy by adding new commercial and technical capabilities and an established power electronics production facility. Netherlands-based e-Traction is a designer and supplier of […]

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