ZF STRENGTHEN ITS NON-VEHICLE GEARBOX BUSINESS.



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Mr Fu (ZF) will take over with more than 1200 employees of Bosch rexroth company main gear box.The acquisition of Mr Fu (ZF) make it into the applicable to such as oil drilling equipment, mine car, and industrial gear business market of tunnel boring machine.In addition, by Mr Fu (ZF) is strengthening its wind turbine gearbox business.On May 13, 2015, the two sides signed the deal, at present is still in the antitrust approval stage.



"To strengthen the business development in the field of automobile is one of the important goals of long-term strategy of our enterprise", Mr Fu (ZF) chief executive stefan mining?Sommer, says Dr "acquisition of Bosch rexroth company of industrial gears and wind turbine gearbox business is a good opportunity for us, (sinotruk parts catalog) can enhance our industrial technology combination, at the same time open up new customers."In 2014, Bosch rexroth main gear box business sales of around 300 million euros.In the same year, including the highway business, adopt Mr Fu (ZF) industry technology sales accounted for group, about 12% of total sales in the future the proportion is expected to rise.

Mr Fu (ZF) will take over two production bases of Bosch rexroth company - German witten factory has nearly 900 employees and has more than 300 employees in Beijing factory, and located in Zurich lake service companies in the United States, the total number of staff more than 1200 people. (howo truck parts) Factory is located in witten, not only is the main production base, also responsible for the main gear box business (industrial gears and wind turbine gearbox) management, development and sales.While Beijing factory specializes in the production of wind turbine gearbox.Witten and factories in Beijing and in Zurich lake service company, to provide customers with technical support services.

"We believe that our main gear box business will benefit from the mining of Mr Fu (ZF) transmission of professional experience, as Mr Fu (ZF) new business units, to maximize the use of this opportunity to keep good rally", Bosch rexroth's executive committee chairman, says Mr Tragl Bosch rexroth is committed to expand their business further in recent years, "we are in relatively weak field of wind power development, efforts to expand the new wind turbine gearbox range of products."In the future, Bosch rexroth will be more focus on the core business in the field of industrial and mobile applications.

"We are looking forward to work with more than 30 years of experience of wind turbine transmission technology developers, and adopt Mr Fu (ZF) more than 50 years of experience in research and development in the field of industrial gear", Mr Fu (ZF) members of the board of directors, is responsible for the group of materials management and industrial technology WilhelmRehm explains, "we will consider witten as our new industrial drive business unit headquarters."The two companies unanimously decided not to publicly disclose the purchase price.At present is still in the antitrust approval stage.

By Mr Fu (ZF) is one of the world's leading supplier of transmission and chassis technology, 26 countries around the world altogether has 113 production-oriented enterprises.Group a total of 71400 employees, 2014 sales of more than 18 billion euros.In order to maintain its leading position in the industry and mining Mr Fu (ZF) has always been committed to research and development of innovative products, the company will be 5% of sales each year (2014:891 million) to invest in research and development.At present, the mining Mr Fu (ZF) is one of the world's ten biggest auto parts suppliers.

In 2015, by Mr Fu (ZF) birthday could usher in a new company set up in one hundred.Mr Fu was founded in 1915, the company was originally named ZahnradfabrikGmbH (namely "gear factory", "" government"), by led zeppelin co., LTD. (LuftschiffbauZeppelinGmbH) in fierce before establishing, (sinotruk parts) phil DE business mainly for the early development, test and manufacture the transmission system of the plane.Since 1919, the company's first general manager also CEO -- AlfredGrafvonSoden - Fraunhofen later, under the leadership of their core business transferred to the automotive, commercial vehicle industry.In this industry, the company registered the numerous transmission innovation technology patents and established as the main development direction of technology suppliers.In 1958, the first base outside Europe established in Brazil, the global expansion plan, is still in progress.In addition, by Mr Fu (ZF) through mergers and acquisitions to expand its business scope.In 1984, by Mr Fu (ZF) acquisition of ford group, the vast majority of the shares, and further expand the product portfolio, including chassis technology in the field of business.In 2001, by Mr Fu (ZF) took over the former mannesmann joint-stock company, to strengthen its additional value chain and transmission system and chassis components.Since 1992, the company adopts the current mining Mr Fu (ZF) co., LTD (ZFFriedrichshafenAG) name.At present, the company's products include transmission system and chassis technology, including transmission, drive system and chassis components, as well as complete vehicle axle system and modules.By Mr Fu (ZF) products are widely used in passenger cars, commercial vehicles, construction and agricultural machinery, railway transport and Marine applications.In addition, the company also focused on wind power and the development of the electronic components business. (howo parts) In Mr Fu (ZF) sales representative group for international aftermarket business services division.In 2014, by Mr Fu (ZF) announced its acquisition of TRW automotive's plan.

In Mr Fu (ZF) holding co., LTD by led zeppelin foundation, by phil DE strong before the city management, with a 93.8% stake, Dr Ulderup foundation and Aaron ford group (Lemfrder) has a 6.2% stake.The slogan of "MotionandMobility" clearly reflects the company's core mission: from at the beginning of its establishment, the company by Mr Fu (ZF) has been on a global scale and development, production and innovative products, provide people with safe, reliable, comfortable way of logistics and efficient circulation of ultimate experience.Quality, leading technology and innovation strength, as always, defines the mining Mr Fu (ZF) group, excellent brand image.



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