# 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.

- Type: Acquisition
- Announced: 2019-01-15
- Where: Arzignano, Italy, Italy
- Status: completed
- Products: low-voltage AC induction motors, synchronous reluctance motors, inverters, controls
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Dana Incorporated](https://endata.com/companies/369.md) (acquirer)
- [SME Corporation](https://endata.com/companies/27055.md) (target)

## Sources

- [allisonoffhighway.com](https://allisonoffhighway.com/dana-acquires-sme-group-enhances-electromobility-capabilities-and-global-reach/), 2019-01-15: "Dana Incorporated... announced today that it has completed the acquisition of the SME Group."

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