ACE Controls Inc., Farmington Hills, Mich., was purchased by Stabilus Group, Koblenz, Germany. The specialist for products and solutions in the fields of deceleration and vibration technology will strengthen the industrial branch of Stabilus S.A. as it transitions from SKF Group as of June 30.
The ACE acquisition by Stabilus, which is a large global automotive and industrial supplier headquartered, expands its product portfolio and opens up new customer groups. The SDAX-listed company aims to reinforce its position as a global provider of solutions for motion control and damping. Together with ACE, this world market leader in gas struts and hydraulic vibration dampers aspires to be a leading system provider in all areas in which motions of machine and device components are to be initiated, controlled and dampened. The brand ACE will continue to distinguish itself by its well-known strengths in engineering, service and delivery as well as by its strong customer focus.
ACE Controls sees promising options for the future by joining Stabilus Group, as this move is a good strategic fit for the company. Particularly in the areas of development and production, the company recognizes potential to enhance the industry standards that ACE has set in industrial damping technology for decades. ACE expects further expansion of technology leadership and innovative strength in important areas such as industrial motion control as well as damping and vibration control technology. It is, moreover, the global presence of Stabilus S.A., which furthers ACE’s expectations to be able to achieve their goals even faster, particularly in regions of growth and development such as Asia.
ACE Controls Inc.
www.acecontrols.com
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