Voith becomes sole owner of ELIN Motoren

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Voith Group has owned a 70% stake in ELIN Motoren for almost two years. Now the remaining stake is being acquired by Voith parties agreed on the acquisition of the remaining stake. The acquired company has about 1,000 employees and manufactures electric motors and generators in small series as well as individualized solutions for industrial applications. In this area, the company focuses on electric machines, motors in the low-voltage, medium-voltage and high-voltage range, and generators, in particular for wind energy and decentralized energy generation. It serves the wind energy, plastics, tunnels and mining, oil and gas, plant construction as well as power plants.