GAM Enterprises Completes Acquisition of Schaeffler Ultra Precision Drives Assets

GAM Enterprises, LLC has completed the transaction to acquire certain assets of Schaeffler Ultra Precision Drives (SUPD) from Schaeffler. The transaction strengthens GAM's position in precision motion control and expands its ability to serve global automation and robotics customers. Terms of the transaction were not disclosed.

The transaction included intellectual property and technology to produce the PSC product. GAM has formed a new company, GAM-Melior GmbH, to support and produce the PSC product. Hartmut Hoffmann has joined GAM-Melior GmbH as Managing Director to lead the company's operations and its continued development of the PSC product line, bringing his extensive leadership experience in the automation market. GAM-Melior GmbH will be based in Hameln, Germany.

“The acquired patented technology is revolutionary in that it outperforms all other servo gearboxes on the market, represents a highly differentiated solution for high-precision applications, and is a strong fit within GAM’s broader motion control strategy,” said Craig Van den Avont, GAM CEO. “GAM intends to support customers of the PSC robotic gearbox product line and build on this technology platform over time.”

The PSC gear reducer brings next level performance to precision motion control applications. It has long been a key component for GAM, serving as the core gearing technology in the company's flagship GPL product. Acquiring the IP from this core supplier allows GAM to vertically integrate its supply chain and expand its manufacturing capabilities. GAM intends to support existing customers of the PSC product line and continue building on this technology platform going forward.

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