# Schaeffler completes acquisition of Ewellix

The Schaeffler Group completed the acquisition of Ewellix on January 3, 2023. Ewellix, a global innovator in linear motion and actuation solutions with approximately EUR 250 million in net sales and 1,250 employees, will operate as an additional business within Schaeffler Industrial.

- Type: Acquisition
- Announced: 2023-01-03
- Where: Sweden
- Status: completed
- Products: linear motion solutions, actuation solutions
- 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)
- [Ewellix Group](https://endata.com/companies/64321.md) (target)

## Sources

- [mynewsdesk.com](https://www.mynewsdesk.com/ewellix/news/schaeffler-has-completed-the-acquisition-of-ewellix-459839), 2023-01-04: "The Schaeffler Group completed the acquisition of Ewellix on January 3, 2023."

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