Schaeffler acquires highly innovative development partner in surface technology
Resource from: Schaeffler Likes:204
Dec 08,2015
The Schaeffler Group has acquired Latvian company “SIA Naco Technologies” in Riga. Naco Technologies has unique expertise in the development of new coating systems. Schaeffler is the market leader in functional surface technology in several market segments. Acquiring this highly innovative service provider will help strengthen Schaeffler’s core expertise in this technology of the future.
The start-up company “SIA Naco Technologies” was founded in Latvia’s capital in 2010 with the support of “Commercialization Reactor Riga”, an agency and marketing platform for science-based young businesses. Companies involved as investors and developers were Imprimatur Capital, ZGI Capital and Proks Capital. As just one example, the specialists from Latvia have developed what is currently the fastest process for physical vapor deposition (PVD). This technology will complement and further optimize Schaeffler’s high-tech vacuum facilities for PVD and plasma-based PACVD processes that are used in high-volume production. Naco currently has six employees.
Prof. Peter Gutzmer, Deputy CEO and CTO, regards this acquisition as a strategic addition to one of Schaeffler’s key competencies. “It underlines our claim to technology leadership in coating technology. Our experts are especially important in ensuring the implementation of value adding steps that are essential for quality, functions and costs for important products and components. By acquiring Naco, we have secured the experience and expertise of a scientist highly renowned in the scientific community, five highly-trained specialists and an innovative prototype PVD facility.” In addition to product and technology expertise, Schaeffler thus also expands its industrialization and value added competencies in surface technology, securing the entire knowledge about this key technology in-house.
For Dr. Yashar Musayev, Senior Vice President of the Competence Center Surface Technology, his new colleagues in Riga are an ideal addition in this field: “Naco Technologies has been instrumental in promoting the development for particularly environmentally friendly and innovative PVD processes. With Professor Valery Mitin, the company has an internationally renowned expert at its helm. Going forward, we will be able to benefit exclusively from his experience and his team.” Prof. Mitin is the cofounder of this young company and has more than 40 years’ experience in research, development and production in the nano industry from his work at the “Moscow High Technology Science Research Institute of Non-organic Materials”. He was the world’s first designer of a PVD system. Seventy-one-year-old Prof. Mitin is looking forward to working with the specialists at Schaeffler: “I would like to contribute my knowledge and the results of our work at one of the most innovative and leading global companies for surface technology. Together we will be able to advance the development of new and even better coating systems and achieve a quantum leap for production methods.”
Schaeffler carries out coating at over 20 locations around the world in more than 50 modern coating machines using a range of methods and technologies, such as spraying and painting procedures as well as chemical and physical processes such as PVD/PACVD. Several million parts with added value through coating technology were delivered from the plants of the Schaeffler Group last year.
Alexander Parfinovich, CEO of Naco Technologies, Dr. Yashar Musayev, Manager of the Surface Technology Competence Center at Schaeffler, and Professor Valery Mitin, cofounder of Naco (from left to right) are looking forward to working together after finalizing their contract negotiations.
State-of-the-art vacuum technologies with physical vapor deposition (PVD) and plasma assisted chemical vapor deposition (PACVD) are used in the Surface Technology Competence Center in Herzogenaurach.
Alexander Parfinovich, CEO of Naco Technologies, Dr. Yashar Musayev, Manager of the Surface Technology Competence Center at Schaeffler, and Professor Valery Mitin, cofounder of Naco (from left to right) are looking forward to working together after finalizing their contract negotiations.
State-of-the-art vacuum technologies with physical vapor deposition (PVD) and plasma assisted chemical vapor deposition (PACVD) are used in the Surface Technology Competence Center in Herzogenaurach.
(Schaeffler)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Previous Federal contracts awarded recently to N.H. companies
Next Voith 715 SVL Variable-Speed Fluid Couplings Utilized in ESPO Pipeline
Next Voith 715 SVL Variable-Speed Fluid Couplings Utilized in ESPO Pipeline
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
