Semikron acquire all shares in electric and hybrid car developer Compact Dynamics

Oliver Blamberger appointed new General Manager / Three Managing Directors to leave company as scheduled

After acquiring the majority of Compact Dynamics, the development specialist for electric and hybrid cars, in May 2010, Semikron International GmbH now have acquired the remaining 30 percent of shares that were so far held by the three Managing Directors, Maximilian Eck, Bernhard Hoffmann and Dr. Andreas Gründl. All three of them 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 have apppointed, with immediate effect, Oliver Blamberger the new General Manager of Compact Dynamics. As of March 01, 2013, Mr. Blamberger will be the solely responsible business manager for Compact Dynamic, while closey cooperating with the mother company.

"I am proud to be holding a key position within such a highly innovative and exciting field of technology", says 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.

About SEMIKRON:

Semikron is a global manufacturer of power semiconductors, primarily in the medium power range (approx. 2kW to 10MW). Applications include speed-controlled industrial drive units, automation technology, welding equipment and elevators. Other applications include uninterrupted power supply (UPS) and renewable energies (wind, solar), as well as electric and hybrid vehicles (commercial cars, conveyances). The family enterprise has its headquarters in Nuremberg, Germany. It was founded in 1951, and employs more than 3,000 people worldwide. An international network of 37 companies and production plants in Brazil, China, France, India, Italy, Korea, Slovakia, South Africa and the USA ensures rapid and comprehensive services for local customers. With the foundation of its subsidiary, SindoPower, in 2009, Semikron also extended its distribution channels. SindoPower, an e-commerce company, sells power electronic products online, and offers competent technical consulting to small and medium sized businesses.