ZF Friedrichshafen AG (“ZF”) is making good progress with the new planned strategic focus in the commercial brakes area. As a result of this, ZF is considering options to divest its stake in Haldex AB (“Haldex”) subject to market conditions.

ZF through its wholly-owned subsidiary ZF International B.V. currently holds c. 8.9 million shares in Haldex, representing approximately 20 proc. of Haldex’s outstanding share capital.

ZF Friedrichshafen AG

ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility.
With its comprehensive technology portfolio, the company offers integrated solutions for established vehicle manufacturers, mobility providers and start-up companies in the fields of transportation and mobility. ZF continually enhances its systems in the areas of digital connectivity and automation in order to allow vehicles to see, think and act. In 2018, ZF achieved sales of €36.9 billion. The company has a global workforce of 149,000 with approximately 230 locations in 40 countries. ZF invests over six percent of its sales in research and development annually.

 

 

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