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ZF Friedrichshafen completes acquisition of WABCO

Monday, 01 Jun 2020
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ZF Friedrichshafen has completed the acquisition of commercial vehicle technology supplier WABCO, having gained approval from all required regulatory authorities.
 
WABCO shares, previously listed on the New York Stock Exchange, cease public trading with immediate effect.
 
With the addition of WABCO, ZF Friedrichshafen focus will be on expanding its commercial vehicle service portfolio and operating customer business.
 
In future, WABCO will operate as an independent division, commercial vehicle control systems within ZF Friedrichshafen and become 10th division of the company.
 
ZF Friedrichshafen is currently focusing its efforts on protecting its employees, ramping up production, and securing the company’s liquidity.
 
The new commercial vehicle control systems division employs around 12,000 people at 45 locations worldwide and will work closely with ZF Friedrichshafen’s existing commercial vehicle technology division, aftermarket division and global development team.

 

 
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