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Automotive | Industrial Machinery & Components

FISCHER has agreed on a global cooperation between FISCHER Fuel Cell Compressor and WEICHAI Power

FISCHER Spindle Group AG (FISCHER) has agreed on a global cooperation between FISCHER Fuel Cell Compressor (FFCC) and WEICHAI Power Company Limited.

FISCHER Fuel Cell Compressor (FFCC) is a subsidiary of FISCHER Spindle Group (FISCHER) and a leading Swiss supplier of innovative, reliable and durable electronic micro turbo compressors (EMTC) used as air supplier in fuel cell powertrains. FFCC’s EMTC technology perfectly suits the needs of fuel cell powertrains, thanks to FFCC’s aerodynamic PSPro (Precision Speed Profile) gas bearings which enable an oil and particle-free compression. In addition, the technology ensures a contact and wear-free operation due to minimal bearing friction and slim design. FFCC focuses on the automotive fuel cell market. Vehicles powered by hydrogen fuel cells, with a zero-emission capability, are the fastest growing segments of the automotive market.

WEICHAI Power was founded in 2002. It is one of the most comprehensive automobile and equipment manufacturing industry groups in China. It owns Shaanxi Heavy-duty Motor Company Limited, Shaanxi Fast Gear Co. Ltd., Zhuzhou Torch Sparkplugs Co., Ltd., KION Group AG, and Linde Hydraulics GmbH & Co. KG, Dematic, and dozens of other high-quality companies in a cluster, building a new pattern of coordinated development by the three industrial sectors – complete vehicle, powertrain and intelligent logistics – forming the country’s automotive industry and completing the most competitive industrial chain. The company was listed on the main board of the Hong Kong Stock Exchange on 11 March 2004, and returned to the mainland A-share market on 30 April 2007.

FISCHER is a global specialist in precise, fast and powerful rotation. It is the technology leader in precision spindle manufacturing, milling heads and air compressors for fuel cell technology. As a partner of the most prominent machine builders and end users, FISCHER serves the key global markets. Present in six locations (Switzerland, Germany, USA, China, Taiwan and Russia), the company employs 400 people who ensure customer satisfaction through successful, innovative products and outstanding service.

Oaklins’ team in Switzerland advised the owners and management of FISCHER throughout this M&A sell-side process.

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“FISCHER and WEICHAI are looking forward to a long-term cooperation with the goal of global technology leadership in the field of turbo compressors. In the future, fuel cells will play a more important role than ever on the road to zero-emission transportation and in energy generation. With Oaklins, we had the ideal M&A advisor at our side. Particularly during these exceptional times, we were able to rely on the high level of professionalism and individual advice, which made this very important project for us a success.”

Dr. Tobias Moser

CEO and Co-owner, FISCHER Spindle Group AG

Talk to the deal team

Dr. Jürg  Stucker

Dr. Jürg Stucker

Partner

Zurich, Switzerland
Oaklins Switzerland
 David  Zürrer

David Zürrer

Director

Basel, Switzerland
Oaklins Switzerland

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