Voith has completed the acquisition of ELIN Motoren GmbH (ELIN). Voith and Trasys, the former parent company of ELIN Motoren, signed a sales agreement for ELIN Motoren on December 20, 2019. Voith has acquired 70% of the shares in ELIN.
Headquartered in Austria, ELIN manufactures electric motors and generators in small series, as well as individualized solutions for industrial applications. Among its offerings for oil and gas , 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.
“The acquisition of ELIN Motoren is an important strategic step for Voith,” said Dr. Uwe Knotzer, president and CEO of Voith Turbo. “The portfolio of the company is an outstanding addition to our industrial drive solutions and supports our position as a technology-independent supplier of drive systems. With ELIN Motoren, we are able to offer our customers a significant advantage in terms of drivetrain electrification.”
ELIN will remain independent as a business and will continue to be active using the established ELIN Motoren brand. As a result, customers of both Voith and ELIN Motoren will continue to have access to the same sales channels.
Headquartered in Germany, Voith 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.