Browsing: Drive Systems

The requirements of drives and motors are different for different textile processes. But the ultimate aim of all electrical drives and motors irrespective of the process is to boost productivity and improve performance.

Oerlikon, a leading technology and engineering group, has signed a definitive agreement to divest its Drive Systems Segment to Dana Incorporated for an enterprise value of CHF 600 million

In the first quarter of 2015, Oerlikon continued to deliver a solid performance in a challenging market environment. Order intake went up by 17.0 per cent to CHF 793 million and sales increased by 10.1 per cent to CHF 782 million. For the 13th consecutive quarter, the EBITDA margin exceeded 15 per cent, coming in at 16.8 per cent.