# Voith completes acquisition of ELIN Motoren

Voith successfully completed the acquisition of ELIN Motoren GmbH on April 30, 2020, after receiving all official approvals. ELIN Motoren is a high-tech company in electric motors and generators with about 1,000 employees and €120 million turnover.

- Type: Acquisition
- Announced: 2020-04-30
- Where: Weiz/Heidenheim, Austria
- Jobs: 1,000
- Status: completed
- Products: electric motors, generators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Voith](https://endata.com/companies/217.md) (acquirer)
- [ELIN Motoren](https://endata.com/companies/44117.md) (target)
- [Trasys](https://endata.com/companies/46887.md) (partner)
- [PCS Holding](https://endata.com/companies/46956.md) (acquirer)
- [Traktionssysteme Austria GmbH](https://endata.com/companies/46957.md) (target)

## Sources

- [voith.com](https://www.voith.com/corp-en/news-room/press-releases/2020-04-30-vt-elin.html), 2020-04-30: "The acquisition of ELIN Motoren is an important strategic step for Voith."
- [voith.com](https://www.voith.com/corp-en/news-room/press-releases/2020-05-04_vt_tsa.html), 2020-05-04: "Voith is the technology leader in drive technology in many industries."

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