# Dana completes acquisition of Oerlikon's Drive Systems segment

Dana Incorporated completed the acquisition of Oerlikon Group's Drive Systems segment, including Graziano and Fairfield brands, for CHF 600 million (approximately $600 million). The acquisition agreement was signed in July 2018.

- Type: Acquisition
- Announced: 2019-03-01
- Where: United States
- Value: $600.0M
- Status: completed
- Products: high-precision helical gears, electronic controls for transmissions and drivelines
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Dana Incorporated](https://endata.com/companies/369.md) (acquirer)
- [Oerlikon](https://endata.com/companies/7876.md) (target)

## Sources

- [nasdaq.com](https://www.nasdaq.com/articles/dana-expands-portfolio-with-acquisition-of-oerlikons-segment-2019-03-01), 2019-03-01: "The newly added Drive Systems unit will widen Dana's product offering with high-precision helical gears for light and commercial vehicles."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.