Dana to acquire Drive Systems segment of Oerlikon Group

News
M&A

Acquisition expected to close in late 2018 or first quarter of 2019

Dana has entered into a definitive agreement to acquire the Drive Systems segment of Oerlikon Group for CHF600 million (approximately USD600 million), the company announced in a press release today (30 July).

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload