Recently, it has been reported that ZF Friedrichshafen, a world-renowned supplier of auto components, is looking into a possible acquisition of Wabco company. It is claimed that the 2 companies have already conducted initial negotiations.

Recently, it has transpired that MAHLE, one of the leading providers of auto parts worldwide, is going to purchase the company ZG-Zahnräder und Getriebe GmbH, located near Munich in Germany and specialized in development and production of innovative transmission solutions.

ZF Friedrichshafen, an internationally-renowned manufacturer of transmissions and driveline components, has recently announced a 35% stake acquisition in ASAP, a Germany-based manufacturer of software and testing solutions in the fields of e-mobility, autonomous driving and electric cars.

Recently, it has been reported that ETE REMAN, a key aftermarket automatic gearbox remanufacturer in the US, takes over ATSG, the world number one in automatic transmission technical assistance and training. ATSG President Wayne Colonna will retain his current position and become the new Technical Director at ETE REMAN.

Recently, Allison Transmission has officially confirmed that David S. Graziosi has taken up the post as the company’s CEO. Prior to that appointment, he successfully worked as president and CFO since the beginning of 2016.

Sonnax Industries Inc, a producer of gearbox components, was acquired in early April of 2018 by Marmon Holdings, Inc, an affiliated company of Warren Buffett’s enterprise, Berkshire Hathaway. Sonnax was an employee-owned company, whose employee stock ownership plan (ESOP) was taken to court by the US Department of Labor (DOL) for alleged violations in the procedure of share sale.

Allison Transmission, one of the leading producers of automatic commercial-duty gearboxes, promoted Otto Szalavari to managing director of international marketing. It is assumed that this measure will bring a fresh and more sophisticated approach in promotion of the company’s products.

In late 2017 Schaeffler Group, a major supplier of automobile and industrial equipment, announced acquisition of the whole share package of Compact Dynamics from SEMIKRON. Schaeffler previously bought the controlling interest (51%) and now the bargain was related to the rest 49 % of shares.

BorgWarner completed the takeover of Sevcon Company located in the UK. Having more than fifty years of proven record and efficiently operating development centers, Sevcon received a reputation of a welcomed partner for many companies interested in the fast-growing electrification market.

Power Test Inc., a major enterprise specialized in manufacturing of dyno stands and testing units, recently purchased SuperFlow Technologies/Hicklin Engineering. Power Test officials hope to combine experience, technologies and ideas of these pace setters in the area of auto repairs.