m&a – Page 3 – New Power Technology

Sensata Furthers Electrification Strategy with $580M Acquisition of Dynapower

July 18, 2022 admin 0

Sensata Technologies, a manufacturer of sensor and motor products many with magnetic-rich designs, has acquired fast-growing Dynapower Company for $580 million in cash in a move that Sensata emphasizes will advance its efforts to serve expanding electrification markets. No stranger to magnetic technologies itself, Dynapower develops energy storage and conversion products including several types of power transformers. […]

eAxles Are the Critical Integration Point, Strategizes Cummins in Meritor Acquisition

July 13, 2022 admin 0

“The acquisition of Meritor is an important milestone for Cummins. Meritor is an industry leader, and the addition of their complementary strengths will help us address one of the most critical technology challenges of our age: developing economically viable zero carbon solutions for commercial and industrial applications,” said Tom Linebarger, Chairman and CEO, Cummins. “Climate change is the existential crisis of our time and this acquisition accelerates our ability to address it. Our customers need economically viable decarbonized solutions. […]

Coil-Winding Machinery Leader Aumann Hunting Acquisitions

April 5, 2022 admin 0

Flush with over 100 million Euro in liquidity and enjoying robust business growth, e-mobility equipment maker Aumann is signaling that it plans to make one or more acquisitions soon. In recent financial reports, the Beelen, […]

Mercedes-Benz Will Manufacture Axial-Flux Electric Motors at Berlin Site

March 22, 2022 admin 0

Leveraging its purchase of axial-flux motor developer YASA in England, Mercedes-Benz soon will build the high-performance motors at its Berlin site, as the luxury car brand seeks to go all electric by 2030. The move […]

Worthington Industries Buys Tempel Steel for $255 Million

March 9, 2022 admin 0

Targeting the growing electric vehicle market and electrification market trends, Worthington Industries has bolstered its steel processing business with the acquisition of global lamination manufacturer Tempel Steel for $255 million. Tempel makes motor and transformer […]

Aquisition of Ramco Expands Capabilities for Arnold Magnetics

March 2, 2022 admin 0

With its acquisition of Ramco Electric Motors, Arnold Magnetic Technologies has expanded its capabilities to manufacture fully engineered motors and components while adding strong relationships with important customers in strategic markets. Already a leading global […]

Saietta Launches Propel for Marine E-Motors in Latest Growth Move

February 22, 2022 admin 0

Saietta Group, a fast-growing developer of permanent-magnet axial flux motors for e-mobility OEMS, in two big moves recently has launched Propel, a new division targeting the market for marine propulsion, and also has acquired Dutch […]

Saietta Acquires e-Traction from Evergrande New Energy Vehicle Group

November 16, 2021 David Webster 0

Saietta Group, specialists in high-tech advanced e-mobility propulsion, 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 […]

Novanta Acquires Schneider Electric Motion & ATI, Launches Novanta IMS

November 8, 2021 David Webster 0

Novanta, a manufacturer of motion control and robotic components, has acquired Schneider Motion Control USA for $115 million and ATI Industrial Automation for about $172 million. Now, through its growing lineup of products including many […]

Marelli Lauded for Investment in New Electric Powertrain Plant in Germany

October 21, 2021 admin 0

Marelli, a global automotive supplier, has recently received the NRW Global Business Award 2021 for the investment in its recently established production facility for electric vehicle motors in Cologne, Germany. With this award, the Federal […]