WITTENSTEIN SE plans to acquire a majority stake in the company. The contract has already been signed by both parties. The targeted closure, which should take place on April 1, 2026, is still subject to approval under antitrust laws.

“STXI Motion’s comprehensive expertise in the fields of electronics and software, in particular, will be an excellent addition to our portfolio,” declares Dr. Bertram Hoffmann, CEO of WITTENSTEIN SE.

STXI Motion is already an international player and has its headquarters in Petach Tikva, Israel. It has further sales locations in Viersen in Germany and near Chicago in the USA. The company’s key products are standardized drive systems in the high performance product general segment.

The parties have agreed not to disclose the purchase price.

Images (rights: WITTENSTEIN SE)
01 – Dr. Bertram Hoffmann
02 – WITTENSTEIN logo sculpture
03 – Logo of STXI Motion Ltd. (rights: STXI Motion Ltd.)