Automotive supplier Schaeffler has acquired 51% of the shares of electric motor manufacturer Compact Dynamics from SEMIKRON International. Schaeffler and SEMIKRON have also agreed to cooperate on the development of power electronics systems and the integration of power electronics components.
Compact Dynamics, based in Starnberg, Germany, specializes in lightweight electric drive concepts in small volume production and motor sport applications. The two companies have a long-standing relationship – they worked together to develop the electric drive for the Audi ABT Schaeffler Team in the Formula E racing series.
With this acquisition, the Schaeffler Group aims to obtain essential expertise for the development and production of its own automotive electric motors. Schaeffler also intends to integrate SEMIKRON’s power electronics into future alternative drive concepts.
“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 Schaeffler CTO Peter Gutzmer. “Through the cooperation with SEMIKRON, we will continue to expand the development and production of electric drive systems with the highest power density and optimum efficiency, combined with modern power electronics.”