Semikron takes full control of electric and hybrid vehicle developer Compact Dynamics

After acquiring the majority of Compact Dynamics in May 2010, Semikron International GmbH has now acquired the remaining 30 percent of shares that were retained by the three Managing Directors, Maximilian Eck, Bernhard Hoffmann and Dr. Andreas Gründl. All three will leave Compact Dynamics GmbH on February 28 2013, as scheduled, and will remain active consultants to the company.

At the same time, Semikron International GmbH has appointed, with immediate effect, Oliver Blamberger as the General Manager of Compact Dynamics. From March 1 2013, Mr Blamberger will be the solely responsible business manager for Compact Dynamics, while closely co-operating with the mother company.

Semikron’s aim is to develop innovative, lightweight and compact systems with high efficiency, in order to meet the ever-increasing demand for highly compact drives combining state-of-the-art power electronics and control systems. The drive systems are optimised for use in hybrid and electric vehicles such as cars, busses and utility vehicles, as well as construction, forest, agricultural systems and forklift trucks.

I am proud to be holding a key position within such a highly innovative and exciting field of technology, said Mr Blamberger. We are delighted to have found in Mr Blamberger an experienced business leader to lead our innovative team into the future, said former business owners, Maximilian Eck, Bernhard Hoffmann and Dr. Andreas Gründl.

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