It was announced today that Dana will be acquiring the drives business of OC Oerlikon for 600m Swiss Francs ($603.3m). The company makes drives and transmissions for a range of customers and vehicle applications, with Oerlikon Fairfield having core strength in electric drive systems for off-highway applications (notably, it introduced a new off-highway drive system at Agritechnica in 2017)
Dana announced earlier this year at Intermat 2018 that it was strengthening its position in the electrified aerial work platforms (AWP) market. Through the acquisition of the power-transmission and fluid power businesses of the former Brevini Group, S.p.A. in February 2017, Dana has a full array of advanced technologies to support the electrification efforts of AWP original-equipment manufacturers.
Dana currently offers a wheel drive paired with a motor for electric-driven AWPs ranging from 3 to 7 tonnes (3 to 8 tons), and engineers are adapting Dana technologies to deliver additional wheel-drive and axle-based solutions for AWP applications up to 24 tonnes (26 tons).
Dana is developing drive systems that integrate advanced electric motor and wheel-drive technologies in a single, compact package to optimize the performance of electric-powered AWPs with overall weights of 8 to 12 tonnes (9 to 13 tons). These drive systems will be available for pre-production testing by OEMs starting in the second quarter of 2018.
Interact Analysis has written extensively this year about Cummins’ flurry of acquisitions to build up a portfolio of products to support on and off-highway vehicles. Dana is now on a similar path, strengthening its portfolio in key areas that will enable it to offer machine builders hybrid and electric solutions.
Interact Analysis is tracking a growing number of hybrid and electric off-highway machines that have been announced since late 2017:
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