Federal-Mogul Powertrain today announced that it has completed the acquisition of UK-based clean-tech development company, "Controlled Power Technologies Ltd (CPT)". The purchase provides a timely route for Federal-Mogul Powertrain to expand into the development and manufacture of powertrain technologies for electrification and hybridization that complement the company's existing capabilities. Financial details of the acquisition have not been released. The new unit will offer its solutions under the name "Federal-Mogul Controlled Power Ltd".
Headquartered in Laindon, Essex and with a further site in Coventry (UK), CPT specializes in the development of 12V and 48V 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 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.
"The acquisition of CPT significantly expands the scope of Federal-Mogul Powertrain's business, providing our customers with an exciting new range of electrification technologies that are ready for integration with their development programs," said Rainer Jueckstock, Chief Executive Officer, Federal-Mogul Powertrain. "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."
Some of the key product families within CPT's portfolio are:
- CPT SpeedStart® and CPT SpeedTorq®: a highly controllable and thermally managed family of motor-generators for engine and driveline electrification delivering industry-leading drive-cycle and real world driving benefits;
- COBRA: liquid-cooled electric superchargers that offer CO2 and fuel economy improvement up to 15 percent for medium to heavy-duty applications;
- COBRA FC: innovative air supply solutions for fuel cells;
- TIGERS®: energy recovery systems that recuperates energy from exhaust gasses to generate electricity.
"While internal combustion engines will continue to play a vital role for many years to come, we see hybridization and electrification of powertrains as a key enabler for vehicle manufacturers to reduce emissions," explained Rick Llope, Senior Vice President Global Sales and Corporate Strategy, Federal-Mogul Powertrain. "This acquisition will enable Federal-Mogul Powertrain to offer electrified powertrains, further strengthening our position as a key development partner for our customers."
"CPT is at a stage where we have a range of proven technologies that are well-aligned with the growing need for emissions reduction," said Nick Pascoe, Controlled Power Technologies Co-founder and Chief Executive Officer. "With Federal-Mogul Powertrain, we have the support of a highly-regarded global Tier 1 supplier that has the resources, reach and expertise to bring them into volume production."
For more information, please visit www.federalmogul.com.
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