Dana Completes Purchase of Drive Systems Segment of Oerlikon Group
Acquisition expands Dana’s offerings, optimizes manufacturing presence in key growth markets
Mar 1, 2019
MAUMEE, Ohio, March 1, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has completed the acquisition of the Drive Systems segment of the Oerlikon Group, including the Graziano and Fairfield brands. This acquisition expands the company’s capabilities in electrification and further optimizes its manufacturing presence in key growth markets.