Walterscheid Powertrain Group acquires IFA Kardan
Walterscheid Powertrain Group has completed the acquisition of German company IFA Kardan, which since 1959 develops propshafts and joints for agriculture, construction and special vehicle markets.
Walterscheid Powertrain Group, recently acquired by Comer Industries, has completed the acquisition of IFA Kardan, located in Irxleben, Germany. IFA Kardan is a well-established company with a proven track record, that since 1959 develops a diversified range of propshafts and different types of joints for the agriculture, construction and special vehicle markets. Through offering flexible solutions for small and high series for challenging applications, the company is one of the top 10 suppliers for off-road applications in Europe.
“This acquisition is another strategic step for us and will expand our driveshaft portfolio even further, and more specifically increase our focus on the main and secondary drives for small & medium sized agricultural and construction vehicles”, said Wolfgang Lemser, CEO of Walterscheid Powertrain Group.
Walterscheid Powertrain Group (WPG) is a global provider of smart and connected powertrain solutions as well as complete in-service support for the world´s leading Off-Highway and Industrial equipment manufacturers. The company continuously develops new technologies and customer solutions which deliver efficiency in the agriculture, construction, mining & utility vehicle as well as Industrial markets. Furthermore, it offers full lifecycle services for all powertrain products and systems.
