■ extended current drive shaft portfolio
■ increase our focus on the main and secondary drives for agricultural and construction vehicles
We are pleased to announce that Walterscheid Powertrain Group has completed the acquisition of IFA Kardan, located in Irxleben, Germany.
IFA Kardan is a well-established company with a proven track record, that since 1959 develops a diversified range of propshafts and different types of joints for the agriculture, construction and special vehicle markets. Through offering flexible solutions for small and high series for challenging applications, the company is one of the top 10 suppliers for off-road applications in Europe.
„This acquisition is another strategic step for us and will expand our driveshaft portfolio even further, and more specifically increase our focus on the main and secondary drives for small & medium sized agricultural and construction vehicles“, said Wolfgang Lemser, CEO, Walterscheid Powertrain Group.
Walterscheid Powertrain Group (WPG) is a global provider of smart and connected powertrain solutions as well as complete in-service support for the world´s leading Off-Highway and Industrial equipment manufacturers. The company continuously develops new technologies and customer solutions which deliver efficiency in the agriculture, construction, mining & utility vehicle as well as Industrial markets. Furthermore, it offers full lifecycle services for all powertrain products and systems.