The ebm-papst Group, world market leader for motors and fans, will acquire the gearbox manufacturer Zeitlauf with effect of 01.01. 2013. The technology group based in southern Germany is thus strengthening its Industrial Drive Engineering division.
(prHWY.com) December 13, 2012 - Melbourne, Australia -- Mulfingen, Lauf, Nuremberg, 28 November 2012
: The ebm-papst Group, world market leader for motors and fans, will acquire the gearbox manufacturer Zeitlauf with effect of 1 January 2013. The technology group based in Mulfingen (Baden-WÃ¼rttemberg, Germany) is thus strengthening its "Industrial Drive Engineering" division.
"The acquisition will enable us to offer optimised drive solutions comprising motor, gearbox and software-supported control technology in the future," explains Rainer HundsdÃ¶rfer, Chairman of the Board of Management of the ebm-papst Group. "The company is strategically important for us because it complements our system competence in the field of drive engineering, strengthening our company's location at St. Georgen," HundsdÃ¶rfer continues.
Dirk Schallock, Managing Director of ebm-papst St. Georgen, the home of the Industrial Drive Engineering division, is certain that this expansion and the new ability to offer complete systems is a distinct and correct step towards the future. "Our many years of positive business relationships gives us good cause for cheer about this acquisition."
The company Zeitlauf is based in the Franconian town of Lauf (near Nuremberg) and is seen as a specialist for industrial gearboxes. Its product range includes planetary, spur gear and angular gearboxes. With 280 employees, 25 of whom are trainees, Zeitlauf generates an annual turnover of around 33 million euro.
Thomas Horz, Managing Director of Zeitlauf: "The link with ebm-papst will enable us to build on and expand our technological leadership. The access that we will gain to the global market will make additional growth possible for Zeitlauf."
The transaction follows years of successful cooperation between the two companies. Both parties agreed not to disclose the purchase price.
The ebm-papst Group is the world's leading manufacturer of fans and motors and is a pioneer and pacesetter for ultra-efficient EC technology. ebm-papst fans and motors are represented in many industries, including ventilation, air-conditioning and refrigeration technology, household appliances, heating engineering, in IT/telecommunications, in medical technology and in applications in automotive and commercial vehicles engineering. ebm-papst EC motor technology, and the market leader's engineering and logistics expertise will add value to your business.
Find out more about ebm-papst A&NZ on www.ebmpapst.com.au
Zeitlauf was founded in 1957. Production began with automatic timers, developing into a broad product range of spur gear, planetary and angular gearbox motors employing crown wheel technology and offering customised special solutions which helped the drive specialist advance to become a leading player in its line of technology. As an expanding company with successful global operations, Zeitlauf focuses its activities on the healthcare, access automation, public transportation, eco power and e-vehicles sectors. Its products are generally associated with high performance, energy efficiency, durability and reliability.