Energy module firms Semikron and Danfoss subsidiary Danfoss Silicon Energy have accomplished their merger to kind Semikron-Danfossmerge, majority owned by Danfoss.

Of the 2 family-owned firms, Semikron is bringing in 3,000 workers from 24 subsidiaries worldwide, and there can be 500 from Danfoss Silicon Energy.

“Semikron-Danfoss will leverage its core enterprise in industrial and renewable energy module functions to focus on a number one place in automotive energy modules, and can drive the expertise shift into silicon carbide options in each industrial and automotive functions,” based on the corporate.

It has once more emphasised that it’s going to retain its two primary German areas: Nuremberg and Flensburg, including: “The joint enterprise can be operated within the accustomed method, retaining present manufacturing amenities, buyer and provider relationships and distribution channels.”

Nevertheless, whereas it’ll have a number of websites, it’ll have a single management workforce. Former Danfoss Silicon Energy normal supervisor Claus Petersen can be CEO whereas Karl-Heinz Gaubatz, previously Semikron CEO, can be CTO till his retirement on the finish of this yr.

Board chairman can be general Danfoss president and CEO Kim Fausing, who stated: “Electrification is likely one of the primary drivers within the inexperienced transition, and Semikron Danfoss applied sciences are key parts inside trade, renewable power, and automotive traction. Combining greater than 90 years of expertise management in energy module packaging, now we have the fervour, competences, applied sciences and dedication to grow to be the popular decarbonising companion for patrons.”

Late in July, Semikron was the topic if a major cyber assault, with which it was nonetheless dealing in mid-August. “The cyber-attack has no impression on the merger course of,” it stated on the time.