ZF is working out a strategy to reinforce its supplier base in India. It has initiated a campaign, ‘Winds of Change’ in the process. Through the campaign, the company is aiming to reach EURO 100 million worth of exports from India by 2017. The current level of exports amount to EURO 35 million. “India has always had an advantage of[Read More…]

ZF completes acquisition of TRW Automotive ZF Friedrichshafen AG and TRW Automotive Holdings Corp. has announced that they have completed the transaction under which ZF has successfully acquired TRW. TRW will be incorporated into ZF as a new division called Active & Passive Safety Technology. The combined company would operate under the name ZF Friedrichshafen AG. “Today marks the day[Read More…]

ZF Friedrichshafen AG will take over the large gearbox business of Bosch Rexroth AG with more than 1,200 employees. For ZF, the acquisition is an entry into the business with industrial gears that are used in oil rigs, mine vehicles, tunnel drilling machines, or cableways, for instance. In addition, the technology company is strengthening its wind turbine gearbox business. The[Read More…]