It is another milestone in ZF's long company history: Since May 29, 2020, the American commercial vehicle technology manufacturer and brake specialist, WABCO, has been part of the ZF Group. The formerly independent company is now part of the newly created ZF Commercial Vehicle Control Systems Division. The combination of these two successful enterprises will bring a new dimension of innovation and capability for commercial vehicle systems technology. Thanks to the perfectly complementary portfolios and competencies, ZF is able to offer unprecedented solutions and services for manufacturers and fleets globally. In this way, the company is actively shaping the future of the changing transportation industry.
Wolf-Henning Scheider, CEO of ZF Friedrichshafen AG emphasizes: “Together, we will create added value for our customers, employees and shareholders alike. This acquisition marks a major milestone in the history of our company. With it, we are consistently continuing the transformation in the powertrain and in the field of digitalization.”
ZF has been working with WABCO for a long time - so why not simply build on what has been achieved so far?