DUBAG to acquire global chain drive business from Schaeffler

DUBAG, a private equity firm, agreed to acquire the global chain drive business from Schaeffler, an automotive and industrial supplier. Financial terms were not disclosed.

“We are delighted to welcome the employees and pleased to support the management, led by Dr. Markus Ottmüller and his team, on its future path to become a leading independent partner for automotive OEMs in the development and production of best-in-class chain drive systems.”app.mergerlinks.com

• 1 source
• app.mergerlinks.comMergerLinks - DUBAG to acquire theglobal chain drive business from Schaeffler.Aug 11, 2021

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