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Neapco, a global supplier of driveline solutions, acquired IFA Group, a manufacturer of drive shafts and joints, from AEQUITA, creating a combined company with over 5,000 employees and sales approaching $2 billion.
“Munich-based industrial group AEQUITA has sold drive shaft and joint manufacturer IFA to Neapco, a leading global supplier of driveline solutions.”ifa-group.com
Summarized from public sources; check the original articles before acting on it.