Schaeffler has acquired the remaining 49% stake in Compact Dynamics company from Semikron, one year after securing a majority stake. 

Through the acquisition of the electric motor manufacturer, Schaeffler is expanding its expertise in the field of electric motors.

The supplier maintains the acquisition of the remaining shares of Compact Dynamics is an important step in the implementation of its strategy 'Mobility for tomorrow,' with electric mobility representing one of the company's key opportunities for the future.

This also includes the expansion of the company's portfolio through the addition of new products.

Compact Dynamics based in Starnberg (Germany), is a development specialist in the field of innovative electric drive concepts with a focus on high-performance drives and integrated lightweight construction in small volume production and motor sport applications.

Schaeffler and Compact Dynamics have worked together for many years, including jointly developing electric drive for the Audi ABT Schaeffler Team in the FIA Formula E electric racing series.