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July 30, 2015 2:32 AM ET

Auto Components

Company Overview of ZF Friedrichshafen AG

Company Overview

ZF Friedrichshafen AG provides driveline and chassis technologies worldwide. The company offers drive systems, such as automatic, dual clutch, manual, power shift, variable, synchromesh, and hybrid- capable transmissions; hybrid, generator/hybrid, all-wheel and axle drive, and rotor and test systems; and electric drives, thrusters and shallow draft thrusters, surface and pod drives, power units, and gearboxes. It also provides drive components, such as wet and dry-running and dual clutches, clutch systems, torque converters, front and rear axle drives, bevel gear sets, differentials, dual-mass flywheels, PTOs, retarder systems, control and gearshift systems, transfer cases, propellers brakes...

Graf-von-Soden-Platz 1

Friedrichshafen,  88046

Germany

Founded in 1915

71,402 Employees

Phone:

49 7541 77 0

Fax:

49 7541 77 908000

Key Executives for ZF Friedrichshafen AG

Chief Executive Officer and Member of Management Board
Age: 52
President, South America
Executive Vice President of Finance, Controlling, & Information Technology and Member of Management Board
Age: 56
President of Asia-Pacific Division
Executive Vice President of ZF Group and Member of Management Board
Age: 63
Compensation as of Fiscal Year 2015.

ZF Friedrichshafen AG Key Developments

ZF Friedrichshafen Expands R&D Centre in Czech Republic

ZF Friedrichshafen extended its research and development (R&D) centre in Plze, Czech Republic. ZF has invested EUR 4 million in the expansion of the R&D centre. The centre employs approximately 250 employees. It has also announced plans to spend USD 71 million building a new technical centre in Michigan, United States. The investment is reported to include 571 new jobs, growing the company's Michigan-based employee count to 1,231. ZF will expand its Northville, Michigan, site by 210,000 to increase R&D capacity for transmission, steering, axle and chassis components.

ZF Friedrichshafen AG to Invest USD 71 Million in New US Technical Centre

ZF Friedrichshafen AG has announced plans to spend USD 71 million on building a new technical centre in Michigan, United States. The investment reportedly will bring 571 new jobs, growing the company's Michigan-based employee count to 1,231. ZF will expand its Northville, Michigan, site by 210,000 to increase research-and-development capacity for transmission, steering, axle, and chassis components.

ZF Announces Executive Changes, Effective 16 September, 2015

ZF has announced that the current head of communications at Mercedes-Benz Cars, Christoph Horn, will become their new head of communications from the beginning of September. Horn will begin his new role on 16 September, 2015 when he will succeed Matthias Lenz, who left the company after 16 years as ZF's head of communication. Horn will report directly to ZF CEO Stefan Sommer.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 15, 2014
Robert Bosch Automotive Steering GmbH
 

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