# Schaeffler to acquire Ewellix Group for EUR 582M

Schaeffler AG has entered into an agreement to acquire Ewellix Group from Triton Fund V for a purchase price of approximately EUR 582 million, plus assumed net debt of about EUR 120 million. Closing is expected by end of 2022.

- Type: Acquisition
- Announced: 2022-07-24
- Value: $592.0M (582.0M EUR)
- Status: announced
- Products: linear motion solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Schaeffler](https://endata.com/companies/2238.md) (acquirer)
- [Triton Fund V](https://endata.com/companies/13456.md) (partner)
- [Ewellix Group](https://endata.com/companies/64321.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/ad-hoc/schaeffler-ag-schaeffler-enters-into-an-agreement-to-acquire-ewellix-group/f09eadd2-1829-41f5-9172-3059f32621ad_en), 2022-07-24: "Schaeffler enters into an agreement to acquire Ewellix Group for a purchase price of approx. EUR 582m."
- [schaeffler.com](https://www.schaeffler.com/en/investor-relations/events-publications/ir-releases/ir_releases_detail.jsp?id=87843779), 2022-07-25: "By acquiring Ewellix, we are further strengthening our industrial business and are continuing to follow through on our strategy despite these volatile times."
- [schaeffler-engineering.com](https://schaeffler-engineering.com/content.schaeffler.com/en/media/press-releases/press-releases-detail.jsp?id=87843777), 2022-07-25: "By acquiring Ewellix, we are further strengthening our industrial business and are continuing to follow through on our strategy despite these volatile times."
- [autonews.com](https://www.autonews.com/suppliers/schaeffler-buy-ewellix-594m/), 2022-07-25: "Schaeffler to buy Ewellix for $594M"
- [mynewsdesk.com](https://www.mynewsdesk.com/se/schaeffler/pressreleases/schaeffler-further-strengthens-industrial-business-with-purchase-of-ewellix-group-3196733), 2022-08-08: "By acquiring Ewellix, we are further strengthening our industrial business and are continuing to follow through on our strategy despite these volatile times."

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