German engineering company Voith and American firm Moog Inc have signed contracts to form the joint venture Hybrid Motion Solutions GmbH (HMS) based in Rutesheim, Germany
Both companies are manufacturers and suppliers of electric, hydraulic and hybrid drive solutions. The joint venture provides a strategic partnership to expand the hydrostatic servo-hydraulics businesses into new industrial markets.
Voith said HMS aims to combine the expertise of both companies to focus on R&D, design and assembly with a view to entering new markets.
Voith Turbo Industry chief executive Rolf Schweizer said “For Voith, establishing the strategic business alliance with Moog is an important step towards strengthening our portfolio of hydraulic drive solutions. By bundling the know-how of both companies in the field of self-contained servo drives, we can offer our customers integral system solutions and jointly drive forward the further development of the hydraulics of tomorrow.”
Moog general manager electro hydraulic products and services Pim van den Dijssel said HMS will help Moog establish itself as a “long-term market leader for electrohydrostatic drives in mechanical and plant engineering.”
Rutesheim was chosen as the centre for the new venture as Voith’s subsidiary Hartmann + Lämmle has an existing, long-term presence here. Rutesheim is the competence centre for hydraulic drive systems. Voith group develops, designs and manufactures components and systems for fluid power drive, control and regulation technology
for the mechanical engineering industry for sheet metal and material processing. Earlier this month, Voith also completed its acquisition of Austrian electric motor and generator manufacturer ELIN Motoren.
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