Dana has debuted the new Spicer Electrified e-Powershift transmission, a modular and flexible two-speed solution that offers power take-off (PTO) functionality for electrified heavy-duty mining vehicles. Delivering high efficiency and superior performance in a compact package that simplifies the mining industry’s transition to electrification, the dual-motor version of the e-Powershift transmission supports continuous power outputs…
Dana completes purchase of Oerlikon Group’s drive systems segment
Dana Inc. has announced that it has completed the acquisition of the Drive Systems segment of the Oerlikon Group, including the Graziano and Fairfield brands. This acquisition expands the company’s capabilities in electrification and further optimizes its manufacturing presence in key growth markets. The addition of the Drive Systems segment to Dana is immediately accretive…
Dana acquires SME Group, enhances electromobility capabilities
Dana Incorporated announced that it has completed the acquisition of the SME Group, headquartered in Arzignano, Italy. The global SME Group designs, engineers, and manufactures low-voltage ac induction and synchronous reluctance motors, inverters, and controls for a wide range of off-highway electric vehicle applications, including material handling, agriculture, construction, and automated-guided vehicles. The addition of […]
Dana to purchase select Brevini Group businesses
Dana Incorporated today announced a definitive agreement to purchase the power-transmission and fluid power businesses of Brevini Group, S.p.A. Under terms of the agreement, Dana plans to initially purchase an 80% share in the Brevini businesses, with an option to purchase the remaining 20% by 2020. Dana has valued 100 percent of the Brevini businesses […]