ZF Friedrichshafen AG, best known for its transmissions, has announced it is buying TRW Automotive Holdings, a major player in safety tech, as part of an approximately $12.4-billion cash deal ...
as Germany's ZF, a company well regarded around these parts for its gearboxes, submitted a surprise preliminary offer to purchase Michigan-based TRW Automotive, a supplier of safety systems ...
ZF CEO Stefan Sommer said the local employee count for Livonia-based TRW should remain stable. The integration of the two companies is expected to last three to five years.
ZF TRW Active & Passive Safety Technology is the global leader in automotive safety. By clicking above, I acknowledge and agree to Endeavor Business Media’s Terms ...