# Dana completes purchase of Oerlikon Drive Systems segment

Dana acquired the Drive Systems segment of the Oerlikon Group, including the Graziano and Fairfield brands, expanding its e-propulsion capabilities.

- Type: Acquisition
- Announced: 2019-03-01
- Where: Switzerland
- Status: completed
- Products: drive systems, e-propulsion systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [allisonoffhighway.com](https://allisonoffhighway.com/dana-completes-purchase-of-drive-systems-segment-of-oerlikon-group/), 2019-03-01: "The expertise and market position of the Drive Systems segment further solidifies us as the only supplier with full e-propulsion design, engineering, and manufacturing capabilities."

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