ZF taps Citigroup for the carve-out of passive safety systems division
According to the sources, ZF has chosen the US bank to investigate strategic options including a complete or partial sale as well as a listing in 2024.
Trw Automotive
Trw Automotive Overview
INDIA HO
GurgaonINDIA HO
GurgaonCIN
U35119HR2009PTC049828CATEGORY
Company limited by sharesSUB-CATEGORY
Indian Non-Government CompanyFOUNDED
2009-05-04PAID-UP CAPITAL
10,000,000AUTHORISED CAPITAL
15,000,000Trw Automotive in News
US expands air bag probe to 12.3 million vehicles
The U.S. National Highway Traffic Safety Administration said Tuesday it is expanding a probe into potentially defective air bags to 12.3 million vehicles.
German autos supplier ZF teams up on electric van with start-up
ZF has formed a joint venture called e.Go Move, in which it holds a 40 percent state, to produce an electric van which can be used as a delivery vehicle or a minibus for up to 15 people.
ZF Presents Itself as One Company at IAA
ZF is now presenting itself as one company.
ZF Group sets up Global Purchasing Office in Pune; to source Euro 100 mn by 2017
The vehicle chassis and driveline component maker aims to triple its sourcing from India to 100 million Euros, in the next 18 months, in line with Modi Government's ‘Make in India’ campaign.
ZF to showcase its Advanced Urban Vehicle at IAA 2015
This is going to be the Group's first display at any Motor show, since its acquisition of the US company TRW automotive in May 2015.
ZF completes acquisition of TRW Automotive
With pro forma sales exceeding €30 billion and more than 130,000 employees, the combined company is among the top three global automotive supplier
ZF to Acquire TRW Automotive for $12.4 billion
Leading German component maker, ZF Friedrichshafen AG has announced plans to TRW Automotive Holdings for USD $ 12.4 billion. The acquisition will enable combined sales of about € 30 billion (approx. US$ 41 billion) and 138,000 employees. ZF expects the transaction to close in the first half of 2015. Following the closing, TRW will be delisted from the New York Stock Exchange
Directors of Trw Automotive
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Saurabh Mall | 7127832 | null | Wholetime Director | 11 Jun,2015 |
| Michael Stephen Keith Taylor | 8064692 | KEITH.TAYLOR@ZF.COM | Director | 24 Apr,2018 |
| Ervin Appelfeld | 7214945 | null | Director | 30 Jul,2015 |
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