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Schaeffler acquired Melior Motion GmbH, a precision gearbox manufacturer, earlier in 2022 and renamed it Schaeffler Ultra Precision Drives GmbH as of December 1, 2022. Schaeffler has since doubled production capacities in Hameln, Germany, and set up a production line in Nanjing, China.
“The aim of the acquisition is to continuously expand the Industrial division’s portfolio of precision gearboxes and to secure a strategically strong position in the dynamically growing market for industrial automation.”bearing-news.com
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