Zf lifetec sale. The discussions about the sale are.
Zf lifetec sale 2 billion) for the unit, known as ZF LIFETEC, a third person said. The German auto supplier has lined up BNP Paribas, Citi and Goldman Sachs to advise on a potential deal, the people said, speaking on condition of anonymity. It is one of the leading passive safety equipment providers with a global presence of 46 locations across 18 jurisdictions. When automated driving becomes a reality, drivers will have flexible seating position options Apr 30, 2024 · The IPO could value ZF Lifetec between €3 billion ($3. 7 billion. Daily updates on the latest information for the automotive industry. Taking into account special effects, mainly from M&A activities, sales revenues were close to the previous year’s level under market conditions that again proved challenging, amid sluggish purchasing activity and signs of recession Annual report and other financial reports and presentations at a glance. Specia At ZF, the Group’s structure is aligned with the market and customers. A spokesperson for the group said it was Mar 14, 2025 · The business, known as ZF Lifetec, could fetch several billion euros in a sale, according to the people. The company is divided into seven divisions. 4 billion in fiscal year 2024. The discussions about the sale are currently in progress, and it is not yet guaranteed that these talks will result in a finalized deal. Excluding this one-time effect Several buyers, including automotive supplier Adient, have expressed interest in acquiring ZF Lifetec, the airbag and seatbelt business unit of ZF Friedrichshafen AG. As a global company dedicated to saving lives with technology, ZF LIFETEC is constantly innovating to push the boundaries of passive safety. In 2023, ZF Passive Safety Systems achieved sales of around €4. 7 billion (in 2023). 4 billion (2023: €46. 6 billion in 2024, with 30% allocated to electrification—to drive future growth. 3 Aug 1, 2024 · Friedrichshafen, Germany. Mar 20, 2025 · In 2024, ZF navigated tough financial waters The nominal sales decline of 11% reflects the axle assembly deconsolidation, but organically, the drop was a modest 3%. If you are interested in staying up to date with the most recent developments at the company and the latest product innovations, our media section is the right place for you. 7bn. In 2023, passive safety booked sales of EUR4. But CFO Michael Frick says there is no time pressure, and sets out some basic requirements for a deal. 0–4. ZF has decided to carve-out its Passive Safety Systems Division and set it up independently by Jul 31, 2025 · Germany's second-largest automotive supplier ZF Friedrichshafen [RIC:RIC:ZFF. We carry a wide variety of marine gear models and gear ratios. Commercial Vehicles remain “core area” ZF has reported sales of €41. 5 percent) Cashflow and earnings showing improvement along with general competitiveness, with performance programs starting to take effect Strategic realignment picking up speed Friedrichshafen, Germany. 7 billion in 2023, ZF LIFETEC aims to enhance sales growth and profitability as a standalone business Apr 30, 2024 · FRANKFURT/LONDON (Reuters) -ZF Friedrichshafen has hired banks to explore a sale or initial public offering of its airbag unit, two people familiar with the matter said. The nominal decline of around 11 percent is strongly influenced by the one-time effect of As a leading provider of passive safety technology, ZF LIFETEC pursues a clearly defined strategy to further increase sales and profitability. Mar 28, 2025 · At the ZF Group s 2024 Annual Financial Results Conference, it was announced that ZF LIFETEC—a global leader in automotive passive safety technology—continued its growth trajectory In its inaugural year as an independently operated brand, ZF LIFETEC achieved sales of approximately €4 8 billion (€4 7 billion in 2023), marking a 1 6% year-on-year increase Despite the global light vehicle Mar 14, 2025 · The sale of ZF Lifetec is expected to garner several billion euros, indicating the significant value of the unit within the automotive safety market. The ZF Customer Care Center provides complete support for the comprehensive portfolio of ZF, Lemforder, Sachs, TRW, and WABCO products sold in North America. 7 billion in sales in 2023, ZF Lifetec emerges from its precursor as a beacon in the passive safety system industry. UL) is preparing to sell its airbag operation to a buyer or spin off the business in an initial public offering (IPO) but will not do so below value As a global leader in passive safety system solutions, ZF LIFETEC pursues a clearly defined strategy to further enable growth in sales and profitability. However, the negotiations are still ongoing and it is unclear whether a deal will be reached. 3 billion). import volumes. In response to the increasingly Apr 19, 2024 · With the renaming of the Passive Safety Systems division to ZF Lifetec, ZF is setting a course towards a potential sale, partial sale, or IPO. 7 billion for the first half of 2025 (2024: €22 billion) Adjusted EBIT margin increases to 4. While this remains cautious, the company is betting on its R&D investments—€3. Jul 7, 2025 · A TTDC report on trends in the application of generative AI to cars, recent profile updates for the top 400 suppliers including Valeo, and an update on U. Technology group is actively shaping the transformation of the mobility industry with “Next Generation Mobility” strategy Independence of passive safety enables stronger growth and sustainable expansion of market position Number 2 worldwide in passive safety technology Friedrichshafen, Germany. Apr 30, 2024 · ZF Friedrichshafen is aiming for a valuation of more than 3 billion euros ($3. These figures align with ZF’s updated September 2024 guidance. Mar 25, 2024 · As a leading passive safety system provider, ZF LIFETEC pursues a well-defined strategy to further increase sales and profitability as a standalone business driven by megatrends in the automotive Jun 5, 2024 · With sales of approximately €4. 1% in 2023. Jul 31, 2025 · Technology group reports sales of €19. The sale of ZF Lifetec is expected to fetch a valuation of several billion euros. Rudolf Stark, head of ZF Passive Safety Systems, said, “We are aiming for growth, driven by automotive megatrends and globally rising levels of safety regulations. Find all addresses and contact data of production locations and service companies in USA. There’s still a wide gap on Jul 31, 2025 · For 2025, ZF forecasts sales above €40 billion and an adjusted EBIT margin of 3. Mar 25, 2024 · ZF Group is rebranding its passive safety systems division as ZF Lifetec. Adjusted EBIT reached €1. 5 percent for the first half of 2024 Structural development through investments in high-margin and forward-looking areas Group updates full-year sales outlook for 2024 Friedrichshafen, Germany. An overview of our north american locations and addresses can be found here. With some 161,600 employees worldwide, ZF reported sales of €41. Nov 25, 2024 · At AIRBAG 2024 from November 25 to 27 in Mannheim, ZF LIFETEC will present system solutions for the international automotive market Vehicle manufacturers are in the midst of a paradigm shift The Chinese automotive market is on its way to becoming a driver of innovation, regulation, and revenue ZF LIFETEC meets the challenges of its customers The global automotive industry is in the midst of a 6 days ago · ZF Lifetec has 22 per cent global market share in passive safety systems and recorded worldwide sales of EUR 4. Mar 20, 2025 · ZF Aftermarket Expanding Leadership Position in the Independent Aftermarket Business Strongest Sales Growth of all ZF Divisions in 2024 Remanufacturing Solutions Foster Sustainability N°2 in Aftermarket Services & Solutions Jan 17, 2024 · The world's third-largest auto supplier has been looking for a buyer for the airbag unit, which employs around 35,000 people, since 2022. The listing on the Frankfurt exchange is expected to take place as early as September or October. 6 billion in 2023, ZF LIFETEC is a leading global supplier of passive safety technology for the enhanced protection of vehicle occupants with a market share of more than 20 percent of global sales in its core product categories as of 2023. (Source). ZF LifeTec’s rebranding will support its strategy “to further increase sales and profitability as a standalone business”, ZF said in a statement. 5 billion, down from €2. Jun 19, 2024 · Heightened safety in the event of a crash including comfort seating positions for advanced automated driving ZF's inflator enables inflation of particularly large airbags due to increased volume The internal pressure in the airbag can be adjusted to the occupant's stature and weight Alfdorf, Germany. 6 billion) in the 2024 fiscal year. S. 4 percent (2024: 3. The separated passive safety division operates under the new brand ZF Lifetec, employs more than 33,000 employees and achieved sales of around EUR 4. ZF 85IV,ZF 63A, ZF 220A, ZF 220V, ZF 280A, ZF 286IV, ZF 325IV. 21 hours ago · ZF Friedrichshafen, a maker of components for BMW and Volkswagen, has seen its debt refinancing costs surge, showing how the German auto industry’s struggles are cascading through suppliers. The discussions about the sale are Jul 11, 2025 · FountainVest is trying to hammer out key terms of a deal for the ZF Lifetec unit, the people said, declining to be identified because the information is private. Mar 26, 2024 · ZF Group has announced the rebranding of its Passive Safety Systems division to “ZF Lifetec”. Feb 8, 2023 · ZF Friedrichshafen has hired Citigroup to advise on the possible sale of its passive safety systems division, people familiar with the matter said. Mar 14, 2025 · The sale of ZF Lifetec is expected to garner several billion euros, indicating the significant value of the unit within the automotive safety market. ZF LIFETEC is a division of ZF Friedrichshafen AG and a leader in global passive safety system solutions for enhanced protection of vehicle occupants. Private equity firms American Industrial Partners and FountainVest Partners are also pursuing the ZF Mar 14, 2025 · The sale of ZF Lifetec is expected to garner several billion euros, indicating the significant value of the unit within the automotive safety market. UL] said on Thursday it is intensifying its restructuring measures and no longer rules out compulsory layoffs, as it Mar 25, 2024 · The ZF Group has rebranded its Passive Safety Systems division as “ZF LifeTec” as part of the ongoing legal separation process of the division that it began in October 2022. ZF Lifetec reported sales of €4. This drop was largely attributed to the deconsolidation of the axle assembly product line, which had generated €2. Mar 25, 2024 · (IN BRIEF) ZF Group has introduced “ZF LIFETEC” as the new brand identity for its Passive Safety Systems division, reflecting its independent positioning within the ZF Group. 6 billion in sales. ZF Friedrichshafen AG closed out the first half of 2024 through to June 30 with sales of around €22 billion (2023: €23. There is tough competition in our business sectors and rigorous financial pressures, so the position requires financial aptitude and a comfort level working with highly technical products. We cover information directly related to your business, including vehicles, electrification, autonomous driving, sales figures, and industry reports Mar 26, 2024 · With a remarkable achievement of approximately €4. As a global leader of passive safety system solutions, ZF LIFETEC pursues a clearly defined strategy to further enable higher growth in sales and profitability. 4 billion, yielding a 3. Mar 14, 2025 · The sale of ZF Lifetec is expected to garner several billion euros, indicating the significant value of the unit within the automotive safety market. Meanwhile, a net loss of €1,020 million stemmed Aug 1, 2024 · ZF reports sales of around €22 billion with an adjusted EBIT margin of 3. Recently inaugurated within #TangerMed Industrial Platform, ZF LIFETEC’s new facility strengthens the development of the region’s automotive ecosystem. ZF said Lifetec would “pursue a well-defined strategy to further Investor Relations: ZF intends to continue on its growth path in the years ahead. At the same time, the brand stands for a high level of safety for vehicle occupants. Jan 17, 2024 · German auto supplier ZF Friedrichshafen (ZFF. Mar 25, 2024 · ZF LifeTec’s rebranding will support its strategy “to further increase sales and profitability as a standalone business”, ZF said in a statement. Deliberations are ongoing and there’s no certainty they will lead to a transaction, the people said. Nov 27, 2025 · Seaboard Marine stocks a large inventory of ZF marine transmissions. Oct 2, 2024 · The separated passive safety division operates under the new brand ZF Lifetec, employs more than 33,000 employees and achieved sales of around EUR 4. Mar 20, 2025 · ZF Friedrichshafen AG generated sales of €41. ZF Group has announced the rebranding of its Passive Safety Systems division to “ZF LIFETEC”. ZF Friedrichshafen is aiming for a valuation of more than 3 billion 3 days ago · The world's leading technology company and automotive supplier ZF Group has reinforced its dedication to boosting the high-quality development of China's automobile industry amid rapid advancements in intelligence and electrification. Mar 19, 2025 · The sale of ZF Lifetec is expected to fetch a valuation of several billion euros, highlighting the unit’s importance in the automotive safety market, people familiar with the matter said. 7 billion in 2023. The new branding is part of the current legal separation of the Passive Safety Systems division within the ZF Group. Sep 6, 2025 · Discover ZF's complete list of acquisitions with year-wise trends, sector-wise breakdowns, geographic insights, and related M&A news and activity data. The ZF Group is represented with 161 production locations in 30 countries. 6% margin compared to 5. With sales of €4. 0%. The Sales Manager will lead our ZF LIFETEC (ZF Passive Safety Systems INC US) business in North America with the VW Group (VW GoA, VW MX, Audi MX & Scout). 2 billion) and €4 billion, including debt. Mar 17, 2025 · MUNICH: ZF Friedrichshafen AG's sale of its airbags and seat belt business is attracting interest from suitors including automotive supplier Adient Plc, according to people familiar with the matter. Mar 21, 2025 · ZF sales and EBIT dropped in 2024 as realignment continues. 7 billion (Rs 41,303 crore) in 2023. 4 billion for the 2024 fiscal year, reflecting an 11% decline compared to the previous year.