# Schaeffler completes acquisition of Melior Motion, renames to Schaeffler Ultra Precision Drives

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.

- Type: Acquisition
- Announced: 2022-12-01
- Where: Hameln, Germany, Germany
- Status: completed
- Capacity: doubled production capacities
- Products: precision planetary gearboxes
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schaeffler](https://endata.com/companies/2238.md) (acquirer)
- [Melior Motion](https://endata.com/companies/60549.md) (target)

## Sources

- [bearing-news.com](https://www.bearing-news.com/melior-motion-gmbh-becomes-schaeffler-ultra-precision-drives-gmbh/), 2022-12-01: "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."

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