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21 Mar 2013

Kollmorgen Acquires Turkish Automation Specialists Elsim Electrotechnical Systems A.S.

Ratingen, 21 March 2013 – Kollmorgen has acquired Turkish-based Elsim Electrotechnical Systems A.S. Elsim is a family-run, value-add motion control solutions provider with nearly 25 years’ experience delivering turnkey solutions for Turkish and Eastern European OEMs (Original Equipment Manufacturers). Elsim clients include 60 of the top 100 companies in the Türkish Industrial First League. This acquisition reinforces Kollmorgen’s commitment to delivering industry-leading expertise, technology and products to machine builders in these regions and throughout the world.

Founded in 1989 in Istanbul, Elsim has a storied history of successfully designing, programming, installing and commissioning complete machine automation solutions, engineered from the product portfolio of numerous reputable manufacturers, which serve as the foundation of superior performing machines. Elsim will continue business as usual with its technology partners; this acquisition simply brings the motion expertise of Kollmorgen to the table for Elsim customers.

"Being part of Kollmorgen and having the ability to bring Kollmorgen expertise and technology, especially Kollmorgen servo technology, to our customer base is an exciting opportunity to continue to grow and improve already impressive Turkish engineering," said Hasan Basri Kayakıran, founder of Elsim.

“Kollmorgen is committed to providing best-in-class solutions and support globally, and acquiring Elsim provides a strong conduit for that to occur in Turkey and neighboring countries, as well as the Middle East,” said Udo Panenka, Managing Director of Kollmorgen Europe GmbH. “Turkey has a booming machinery and equipment market that is increasingly leveraging high performance servo technology, and we are excited to work hand-in-hand with the experienced team at Elsim to deliver best-in-class solutions that will deliver significant performance benefits to our Turkish and other regional customers.”

Elsim has an experienced staff of 47, including 14 engineers and 21 technicians, each of whom brings a wealth of technical expertise in automation and motion control to the business. They also have an established research and development team who work collaboratively with partners to solve problems and engineer better solutions.

This experience and commitment provides instant synergy with Kollmorgen’s 70 year heritage of motion control design and application expertise, and passion for providing OEMs with the competitive advantage they need to succeed. Today Kollmorgen has approximately 2000 employees in North America, Asia and Europe, who are committed to combining knowledge and technology to create high performance motion control systems that maximize machine performance.

Turkey, an international hub with ready access to multiple markets, has the world’s 16th largest economy and an economic growth rate second globally only to China. The country had a record $140B in exports in 2012.

About KOLLMORGEN

Kollmorgen is a leading provider of integrated automation and drive systems with their corresponding components for machine engineers all over the world. With over 70 years of experience in motion-control design and application and established know-how in structuring standard and customized solutions, Kollmorgen again and again supplies solutions that stand out as regards performance, quality, reliability and simple operation. Through these, customers can achieve an unquestionable market advantage.

For more information visit: www.kollmorgen.com, email [email protected], or call +49 (0)2102 9394 0