Better as one: ZF completes TRW acquisition

ZF has completed the acquisition of TRW for US$11.7bn, forming the world’s second largest automotive supplier in the process.

Streamlined following the sale of its suspension and engine valve operations to facilitate the sale to ZF, TRW specialises in active and passive safety systems, and as such will be incorporated into ZF under the newly formed ‘Active & Passive Safety Technology’ division. The combined company will continue to operate under the name ZF Friedrichshafen AG.