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E-Bike Parts Maker Schaeffler Grows Electric Motor Expertise

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NUREMBERG, Germany – Schaeffler concluded a purchase contract with Semikron International GmbH for the acquisition of 51% of the shares of Compact Dynamics GmbH, a manufacturer of high-performance electric motors. Schaeffler and Semikron have also agreed a cooperation for the development of power electronics systems and the integration of power electronics components.

E-Bike Parts Maker Schaeffler Grows Electric Motor Expertise
For e-bikes, Schaeffler is known for its FAG Velomatic automatic gearshift system. – Photo Schaeffler

On the e-bike market, Schaeffler is known for the FAG Velomatic, an automatic gearshift system, which was launched this summer.

‘Mobility for tomorrow’

“As part of our ‘Mobility for Tomorrow’ strategy, we regard electric mobility as one of the major opportunities for the future,” said Klaus Rosenfeld, CEO of Schaeffler AG. With the acquisition of Compact Dynamics and the cooperation with Semokorn, we are adding to our existing technology portfolio and opening up new opportunities for growth.”

High performance drive

Compact Dynamics GmbH based in Starnberg (Germany) is a development specialist in the field of innovative, electric drive concepts with a focus on high-performance drives and integrated lightweight construction in small volume production and motor sport applications. The transaction is envisaged to be completed in the first quarter of 2017.

Leader in power electronics

Semikron International GmbH is a world market leader for innovative power electronics. The aim of the cooperation model with Semikron is to jointly develop power electronics systems for automotive applications. “In conjunction with the team from Compact Dynamics, Schaeffler will use the expertise proven in motor sport and small volume production to expand its capabilities in the volume production of electric drives,” said Prof. Dr.-Ing. Peter Gutzmer, Deputy CEO and Chief Technology Officer of Schaeffler AG.

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