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Schaeffler Takes Over Compact Dynamics

Starnberg, Germany: One year after acquiring the majority stake in Compact Dynamics GmbH, Schaeffler has now acquired the remaining 49 percent stake in the company from Semikron. Through the acquisition of the electric motor manufacturer, the company is expanding its expertise in the field of electric motors.

The acquisition of the remaining shares of Compact Dynamics is a step in the implementation of Schaeffler’s strategy “Mobility for tomorrow”, and electric mobility represents one of the company’s key opportunities for the future. This also includes the expansion of the company’s portfolio through the addition of new products.

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 two companies have been working together for years, including jointly developing the electric drive for the Audi ABT Schaeffler Team in the FIA Formula E electric racing series.

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