Voith Group Plans ELIN Motoren GmbH Takeover

Voith Group has signed a purchase contract to acquire 70% of the shares in ELIN Motoren GmbH (ELIN). Headquartered in Weiz, Austria, ELIN manufactures electric motors and generators for oil and gas, power plant, industrial, and other applications.

Among its offerings for the oil and gas industry, ELIN designs and manufactures air- and water-cooled asynchronous motors with squirrel cage and slip ring rotors, providing drive solutions ranging from 200 kW to 35 MW. Explosion-proof electric motors manufactured according to Ex-n, Ex-e, Ex-p explosion protection classifications are included in its scope of supply. In addition, the company supplies drives for high-performance equipment and machinery such as air separation plants, compressors, and pumps.

Headquartered in Germany, Voith Group is a multinational corporation in the mechanical engineering sector, as well as the automation and IIoT business, with broad portfolio of systems, products, services, and digital applications for oil and gas, energy, and other industries worldwide.

“Voith is the technology leader in drive technology in many industries,” said Uwe Knotzer, President & CEO of Voith Turbo. “The portfolio of ELIN Motoren is an excellent addition to our industrial drive solutions and supports our position as a technology-independent supplier of drive systems. “With the 125 years of experience of ELIN Motoren, we will achieve a significant advantage for our customers in drivetrain electrification.”