Baker & McKenzie advises ZF Friedrichshafen on acquisition of large gear division
Baker & McKenzie has advised ZF Friedrichshafen AG on the acquisition of the industrial and wind gearbox division from Bosch Rexroth AG. The purchase price was not disclosed. The transaction is subject to approval by the antitrust authorities. ZF will take over the two production sites from Bosch Rexroth AG in Witten (North Rhine-Westphalia/ Germany) with nearly 900 employees and in Beijing (China) with more than 300 employees as well as the service site […]