# AEQUITA to acquire IFA Group

AEQUITA SE & Co. KGaA has reached a binding agreement to fully acquire IFA Group, a specialist in drive shafts for automotive OEMs. The transaction is expected to be completed by the end of March 2022.

- Type: Acquisition
- Announced: 2021-12-29
- Where: Haldensleben, Germany, Germany
- Status: announced
- Products: drive shafts, prop shafts, side shafts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [IFA Group](https://endata.com/companies/2167.md) (target)
- [AEQUITA SE & Co. KGaA](https://endata.com/companies/59971.md) (acquirer)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/corporate/aequita-se-co-kgaa-aequita-takes-over-ifa-sales-in-the-automotive-sector-now-over-eur-1-billion/b8b0327a-d29b-4683-af75-470072b11bcc_en), 2021-12-29: "AEQUITA has reached a binding agreement with the shareholders of the IFA Group about the complete takeover of the company."

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