■ IFA-Kardan GmbH has a new owner
■ IFA Group focuses on drivetrains for cars
We are pleased to announce that the takeover of IFA-Kardan GmbH by Walterscheid Powertrain Group (WPG) has been completed. With the acquisition of IFA-Kardan GmbH, located in Irxleben, Germany, Walterscheid Powertrain Group (WPG) expands their drive shaft portfolio and increases the focus on the main and secondary drives for small & medium sized agricultural and construction vehicles. IFA Group is thus focusing on expanding the existing propeller and sideshaft portfolio with a focus on sustainable projects in the automotive sector, especially in e-mobility.
"We as IFA Group are pleased to have found a strong buyer who will integrate IFA-Kardan GmbH into its product portfolio and further expand the business in Irxleben," said Dr. Arno Haselhorst, CEO, IFA Group.
IFA Kardan is a well-established company with a proven track record, that develops a diversified range of prop shafts and different types of joints for the Agriculture, Construction and Special Vehicle markets since 1959. By 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.
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.
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The IFA group is a rapidly growing automotive supplier. Drive shafts and joints are our core business. We are within the global Top 3 among drive shaft makers. IFA delivers to all car makers in Europe, Asia and North America.
Besides in our headquarters in Haldensleben (Saxony-Anhalt, Germany), IFA is located with sales, engineering or production in Stuttgart, Hanau (Germany), Novi (USA), Charleston (USA), Shanghai (China) and Ujazd (Poland). IFA is present in the largest car markets in the world.
Our customers are the leading suppliers of four-wheel and rear-wheel driven vehicles. These drives dominate the premium segment. We offer our customers in their proximity competent partners in sales, project management, engineering, validation, quality management and production. We are right where our customers need us.
At IFA, customer requirements are surveyed and shared globally. Our platform engineering team develops solutions for any task at hand, using the most advanced simulation tools available. IFA’s customer application and product validation implement solutions with the launch teams of the plants within the markets relevant to our customers.