Federal-Mogul Acquires Controlled Power Technologies
Federal-Mogul Powertrain completed the acquisition of U.K.-based Controlled Power Technologies Ltd., which has expertise in the development and manufacture of powertrain technologies for electrification and hybridization.
Financial details of the acquisition have not been released. The new unit will offer its solutions under the name Federal-Mogul Controlled Power Ltd.
“Stringent emissions targets can only be met through a combination of improved efficiency of combustion engines with measures like reduced internal friction or advanced combustion strategies as well as through further electrification of the powertrain. With the acquisition of CPT, Federal-Mogul Powertrain now has access to leading technologies in each of these areas,” Federal-Mogul CEO Rainer Jueckstock said in a statement.
CPT specializes in the development of 12-volt and 48-volt electric motor-generators for start-stop applications, mild hybridization, exhaust-driven electrification technologies, e-boosting for combustion engines, e-compressors for fuel cells and similar products. These systems can provide powertrain manufacturers with fuel economy improvement, drivability, performance enhancement and emissions-reduction measures suitable for a wide range of applications including passenger cars, commercial vehicles and industrial engines, according to Southfield, Mich.-based Federal-Mogul.
Federal-Mogul operates two independent business divisions, Federal-Mogul Powertrain and Federal-Mogul Motorparts. Each has a CEO who reports to Federal-Mogul’s board of directors.
