ITW to acquire ZF EF&C | Fastener+Fixing

Article by · 2016/02/04 ·

28-Jan-2016

Illinois Tool Works Inc. announced that it has reached a definitive agreement to acquire the Engineered Fasteners and Components business (EF&C) from ZF TRW for approximately US$450 million.

Headquartered in Enkenbach, Germany EF&C has 13 locations globally. It produces engineered fastening systems and interior technical components for the Automotive OEM market in nine countries. (…)

via ITW to acquire ZF EF&C.