The acquisition of Potenza Technology represents another step in FPT’s path towards electrification
Marine powertrain specialist FPT Industrial has taken another step towards electrification with the acquisition of Potenza Technology, a UK company that specialises in the design and development of electric and hybrid-electric powertrain systems.
Potenza Technology has been at the forefront of electric powertrain technology since 1999, with expertise in functional safety engineering, battery management systems for traction battery packs, and electric and electronic systems design and development. The company is based in Coventry.
“Thanks to the sustainability benefits of electrification, the powertrain industry needs to focus on this area to overcome the challenges and make it feasible for all potential applications,” says Annalisa Stupenengo, CEO of FPT Industrial. “We are doing our part to enhance our engineering capabilities, and we are pleased to welcome aboard the Potenza Technology team, to further contribute to our innovative powertrain solutions in terms of electrification.”
Paul Faithfull, managing director at Potenza Technology, says: “It is a great opportunity to join the FPT Industrial team not only to advance our business, expanding our solutions to a cross-segment level on a global reach, but to be able to have a broader vision that a large organisation offers, working with experts of different areas.”
FPT Industrial is a brand of CNH Industrial, dedicated to the design, production and sale of powertrains for on and off-road vehicles, marine and power generation applications. The company employs more than 8,000 people and is based in Italy.