Founded out of TUM, transmission gear manufacturer ZG-Zahnräder und Getriebe has been bought by Mahle to bolster its integrated drive system capacity.
ZG-Zahnräder und Getriebe, a Germany-based transmission gear manufacturer spun out of Technical University of Munich (TUM), has been acquired by automotive components and services supplier Mahle for an undisclosed sum, Automobilwoche reported yesterday.
Founded in 2008, ZG-Zahnräder supplies tailor-made transmission gears to the automotive industry along with services including gear synthesis, prototyping and testing. The company specialises in gears for electric and hybrid drive systems and has approximately 40 employees.
Mahle believes buying ZG-Zahnräder will improve its development…