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Luxshare Limited finalized the acquisition of ZF TRW's Global Body Control Systems Business, forming Body Control Systems Automotive Interface Solutions (BCS-AIS). The deal was announced on May 7, 2018.
ZF is divesting its Global Body Control Systems Business Unit to Hong Kong-based Luxshare. The business has nearly 6,000 employees at 16 locations in eleven countries and will remain headquartered in Radolfzell, Germany.