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Dana completes acquisition of SME Group · Endata

◂ Announcements

Jan 15, 2019ACQUISITIONArzignano, Italy, Italy

Dana completes acquisition of SME Group

Dana Incorporated completed the acquisition of the SME Group, a designer and manufacturer of low-voltage AC induction and synchronous reluctance motors, inverters, and controls for off-highway electric vehicles.

Status

Completed

Productslow-voltage AC induction motorssynchronous reluctance motorsinverterscontrols

CompaniesDana Incorporated acquirer SME Corporation target

Sectors#Automation and Robotics #Material Handling

“Dana Incorporated... announced today that it has completed the acquisition of the SME Group.”allisonoffhighway.com

1 source
allisonoffhighway.comDana News – Acquires SME GroupLvmkAdminJan 15, 2019

Summarized from public sources; check the original articles before acting on it.

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