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The eBearing News
October 1, 2003
INA Acquires PraTec
copyright © 2003 eBearing Inc.
INA Schaeffler KG (Germany), the world's second-largest bearing
company, has acquired PraTec Prazisiontechnik GmbH (Germany).
Founded in 1990 and located in Ruhr, PraTec produces a wide variety of electric
motors, ring-shaped direct drives, and their electronic controls -- servo
amplifiers, controllers, power packs and compact control units.
PraTec currently employs approximately 50 people. Sales were not disclosed.
The motors produced by PraTec are specifically designed for mechanical,
aerostatic and hydrostatic linear and bearing systems.
Applications include machine tools, automation technology, precision assembly
and medical equipment.
INA Executive VP, Robert Schullan, said, "Not only does this expertise in motors
allow INA-Schaeffler to round off its portfolio of products supplied by INA's
linear division and by LAT Suhl AG, it also serves to extend the spectrum
of rolling bearing supports and assemblies for the machine tool industry."
The companies declined to disclose terms of the acquisition.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Copyrighted material; unauthorized reproduction prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2010, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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