It is reported that ZF Group will acquire Haldex with a stock value of approximately EUR 460 million at the price of SEK 100 per share. Haldex's board of directors has announced acceptance of ZF's offer. Haldex focuses on the development and manufacture of brake systems for commercial vehicles, which just make up for the lack of ZF commercial vehicle brake system product lines. The acquisition is of great significance to ZF - the German auto parts giant will be able to effectively apply the fuel efficiency solutions, autonomous driving technology and safety systems of passenger vehicles to the commercial vehicle sector. This will increase the overall level of traffic safety. ZF Chairman of the Board Stefan Sommer said: "We firmly believe that our company will do its utmost for the interests of shareholders. Haldex's position in the truck market will be further strengthened after being acquired by us. Haldex will use ZF's technological advantages, Global resident and customer relationships to enhance their global competitiveness, management capabilities and staffing levels.†Haldex board member and spokesperson Magnus Johansson also believes that the company’s vision will be even better after working with ZF: “ZF is highly competitive in electronics and software R&D, and its factories, R&D centers and customer relationships are all over the world. This will provide Haldex with tremendous growth potential. Haldex will continue to develop new braking systems and expand existing product lines." The acquisition was subject to certain restrictions, including the need to purchase 90% of Haldex's liquidity shares and approval from the European Antitrust Division. It is reported that if it is successful, this transaction will be approved by relevant departments in a short period of time.
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ZF 
Invested 460 million euros ZF announced the acquisition of Haldex, a brake system supplier
German auto parts giant ZF recently made constant moves: on August 2nd, 2016, it announced the acquisition of a 40% stake in Ibeo, a professional laser detection and measurement supplier. However, on August 4, 2016, it announced that it will spend 4.6. Billion Europe acquires Haldex, a brake system supplier from Sweden.