ZF acquires majority stake in Indian JV with Rane Group

ZF Friedrichshafen AG (ZF) announced that it has increased its shares to become the majority shareholder with 51% in the Rane TRW Steering Systems joint venture (JV) from the Rane Group. To date, both partners held equal shares in the company, which employs around 3,400 people. In the future, the JV will operate on t....

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