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In 1999, the company restructured and rebranded as Maxon Motor AG. In 2012, the company started offering DC motor drive configuration tooling through its website. In 2017, the company acquired Zub motion control AG, based in Lucerne, Switzerland. Parvalux Electric Motors Ltd based in Poole, UK, was also acquired by Maxon Motor AG in 2018.
An expandable van variant with hydraulic lift gate was designated M292. Two variants of the M109 were specifically developed as service vehicles for the MGM-18 Lacrosse missile system, the XM411 for the Ground Guidance Electronic Equipment, and the XM412 with special tools and test equipment for the electronic guidance and control system.
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