Moog and the global technology company Voith Group and have signed contracts to form the joint venture HMS – Hybrid Motion Solutions GmbH based in Rutesheim. According to Moog, the joint venture provides for a strategic business alliance to expand the hydrostatic servo hydraulics business in various industrial markets.
HMS – Hybrid Motion Solutions aims to combine the expertise of both companies in the field of hydrostatic servo drives and leverage synergies to enter new markets. The new joint venture will focus on research and development, design and assembly as well as service.
"For Voith, the establishment of the strategic business alliance with Moog is an important step towards strengthening our portfolio of hydraulic drive solutions," said Rolf Schweizer, executive vice president and CEO of Voith Turbo Industry. "By bundling the know-how of both companies in the field of self-contained servo drives, we can offer our customers integral system solutions and jointly drive forward the further development of the hydraulics of tomorrow.'"
In 1965, the Voith subsidiary Hartmann & Lämmle, which belongs to the Voith Turbo division, was founded in Rutesheim by Hans Hartmann and Franz Lämmle. Here, the technology group develops, designs and manufactures innovative components and systems for fluid power drive, control and regulation technology, especially for the mechanical engineering industry for sheet metal and material processing.
"The foundation of HMS – Hybrid Motion Solutions GmbH, and thus the strategic cooperation with the Voith Group, is an important milestone in establishing Moog as the long-term market leader for electro hydrostatic drives in mechanical and plant engineering," said explains Pim van den Dijssel, group vice president and general manager Electro Hydraulic Products and Services of Moog. “Continuously shorter development times and the establishment of a complete portfolio of products and solutions in this area will make a significant contribution to achieving this strategic goal."
Moog was founded in 1965 as the first subsidiary of Moog Inc. outside the United States of America and specializes in the development of hydraulic, electric and hybrid drive solutions.
