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German car parts maker ZF Friedrichshafen to invest $500 million in US plant for flexible production of ICE and EV parts
ZF Friedrichshafen is investing $500 million to expand its South Carolina plant into a flexible manufacturer of parts for internal combustion engine and plug-in hybrid vehicles. The company plans to launch production of its PowerLine transmission and aims to hire 400 new workers.
ZF Friedrichshafen AG Completes Acquisition of ZF Sachs Micro Mobility
ZF Friedrichshafen AG has acquired full ownership of ZF Sachs Micro Mobility GmbH, enhancing its position in the micro-mobility sector and ensuring operational independence.
Key Influential Figures in ZF's Corporate History
The article outlines significant figures in ZF's history, highlighting their contributions to the company's resilience and technological advancements throughout critical periods.
ZF Friedrichshafen AG Issues €2.7 Billion in Eurobonds
ZF Friedrichshafen AG has placed €2.7 billion in Eurobonds, oversubscribed, to finance the acquisition of Wabco and strengthen its position in the commercial vehicle market.
ZF Friedrichshafen Places 8.9 Million Shares in Haldex AB
ZF Friedrichshafen AG has placed approximately 8.9 million shares in Haldex AB, representing 20% of its share capital, with institutional investors at SEK 50.00 per share.
ZF Friedrichshafen AG to Sell 8.9 Million Shares in Haldex
ZF Friedrichshafen AG plans to place approximately 20% of Haldex AB shares with institutional investors through an accelerated bookbuilding process, managed by J.P. Morgan Securities.
ZF Friedrichshafen AG to Acquire WABCO for $7 Billion
ZF Friedrichshafen AG has announced its acquisition of WABCO for approximately $7 billion, aiming to enhance its technology portfolio for commercial vehicles.
Changes in ZF Friedrichshafen AG Executive Board Members
Peter Lake and Jürgen Holeksa are departing ZF Friedrichshafen AG's Executive Board, effective September 30, 2018, after significant contributions to the company.
ZF Friedrichshafen AG Reports Increased Sales for 2018
ZF Friedrichshafen AG achieved 6% sales growth in 2018, reaching EUR 36.9 billion, while investing in next generation mobility and expanding its workforce.
