# Schaeffler acquires Elmotec Statomat

Schaeffler signed a purchase agreement to acquire Elmotec Statomat Holding, based in Karben near Frankfurt.

- Type: Acquisition
- Announced: 2018-11-28
- Where: Karben, Germany
- Status: announced
- Products: electric motor winding technology
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schaeffler](https://endata.com/companies/2238.md) (acquirer)
- [Elmotec Statomat Holding](https://endata.com/companies/19403.md) (target)

## Sources

- [channel-e.de](https://www.channel-e.de/branchen-news/merger-acquisitions-2018), 2018-12-31: "Der Automobil- und Industriezulieferer Schaeffler hat einen Kaufvertrag über den Erwerb der Elmotec Statomat Holding mit Sitz in Karben bei Frankfurt…"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.