Investment Summary

ZF Friedrichshafen AG Invests In 2getthere B.V.

On March 19, 2019, ZF Friedrichshafen AG invested in automotive company 2getthere B.V.

Investment Highlights
  • This is ZF Friedrichshafen AG’s 2nd transaction in the Automotive sector.
  • This is ZF Friedrichshafen AG’s 1st transaction in the Netherlands.

Investment Summary

Date 2019-03-19
Target 2getthere B.V.
Sector Automotive
Investor(s) ZF Friedrichshafen AG
Deal Type Stake Purchase

Target

2getthere B.V.

UTRECHT, Netherlands
2getthere B.V. offers complete automated transport systems. 2getthere' s fully electric driverless systems at business parks in Rivium (Capelle aan den IJssel) and Masdar City (Abu Dhabi) have transported more than 14 million people reliably and safely. The reliability of the systems installed by 2getthere, including vehicle controls and software architecture, exceeds 99.7 percent.

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Investor(S) 1

Investor

ZF Friedrichshafen AG

Friedrichshafen, Germany

Category Company
Founded 1915
Sector Automotive
DESCRIPTION

ZF Friedrichshafen AG provides driveline and chassis technologies.


DEAL STATS #
Overall 4 of 7
Sector: Automotive M&A 2 of 3
Type: Stake Purchase M&A Deals 2 of 3
Country: Netherlands M&A 1 of 1
Year: 2019 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-31 Cruise

Ottobrunn, Germany

Cruise concentrates on the design and production of planar Micro- and Millimeter Wave products. Cruise have the experience for the design of integrated Microwave circuitry, the micro assembly of MM-Wave hybrids and the radar and microwave specific digital signal processing. Cruise was founded in 1997 and is based in Ottobrunn, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-28 WABCO Holdings

Brussels, Belgium

WABCO is a global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO is powerfully “Mobilizing Vehicle Intelligence” to support the increasingly autonomous, connected and electric future of the commercial vehicle industry. WABCO continues to pioneer innovations to address key technology milestones in autonomous mobility and apply its extensive expertise to integrate the complex control and fail-safe systems required to efficiently and safely govern vehicle dynamics at every stage of a vehicle’s journey – on the highway, in the city and at the depot.

Buy $7.0B