Ebm-papst is to acquire gearbox manufacturer Zeitlauf in a bid to strengthen its industrial drive engineering division. Financial details were not disclosed.
The acquisition will enable ebm-papst to offer optimised drive systems comprising motor, gearbox and software-supported control technology.
Zeitlauf — based in Lauf, near Nuremberg, Germany — is a specialist in industrial gearboxes. It employs 280 people, 25 of whom are trainees, and generates an annual turnover of approximately €33m (£26.7m).