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MAHLE acquires transmission specialist

By Niranjan Mudholkar,

Added 11 January 2019

Expands its expertise in the powertrain

mergers-acquisitions

This strategic move allows MAHLE to tap into additional development competence in this field

MAHLE is taking over the transmission specialist ZG-Zahnräder und Getriebe GmbH, based in Eching, near Munich/Germany. With this step, the technology group MAHLE is further developing its competence in the entire powertrain. It has been mutually agreed that the details of the agreement and the purchase price will not be disclosed.

Through the acquisition of the transmission specialist ZG-Zahnräder und Getriebe GmbH, MAHLE is expanding its expertise in the powertrain as a whole to include the transmission, a key component. This is significant because the trend in electric vehicles is toward integrated drive systems. This strategic move allows MAHLE to tap into additional development competence in this field, thus putting it in a position to offer its customers integrated systems solutions for the powertrain from a single source, including transmission design. “The acquisition is another important step in the expansion of MAHLE’s product portfolio and on its path to become a systems provider for all powertrain technologies,” says Dr. Jörg Stratmann, Chairman of the Management Board and CEO of MAHLE.

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