Astride the first decade of August and the first of September, three important takeovers by Weg, Abb and Bosch Rexroth were announced, operations that might modify the balances and the dynamics in electric motors’ market. What is at stake? Weg has accomplished the takeover, worth 23 million Euros, of Gefran’s motion control business, a move that – as stated by market analysists – will allow Weg to expand its drive and motor business outside Americas. It is likely to expect, in particular, a greater expansion of the Group towards the European and Asian market because four main factories will pass under Weg control, in Italy, Germany, China and India.
Abb’s strategy has instead brought together the business of low-voltage Nema motors by Siemens. It seems that this operation – expected to end in the second 2023-quarter – will enhance Nema market share held by Abb, bringing it into forecast from 35 to 40% globally, with particular development in North America where Nema industrial electric motors are particularly used.
Finally, in early September, Bosch Rexroth completed the takeover of the Israeli Elmo Motion Control, with its motion control solutions and its decentralized electric drives. Elmo Motion technologies particularly suit the sector of semiconductors, the electronic production, the electric industry, robotics, medicine, Automated Guided Vehicle (AGV), automated warehouses and the packaging and food industry.
With this operation, Bosch Rexroth expands and integrates its product portfolio, whose core is the unceasing development of the ctrlX Automation platform. It further strengthens in the industrial automation field, meeting the requirements of technologies increasingly conforming to the Industry 4.0 paradigm for the smart and flexible factory of the future.