Photo: Dana
Dana Logo-1.png

Dana completes purchase of Drive Systems

March 5, 2019
Acquisition expands Dana’s offerings, optimizes manufacturing presence in key growth markets.

Dana Inc. 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.

Dana said the addition of the segment creates a number of opportunities for increased revenue and profitable growth, including:

  • Extending Dana’s current technology portfolio, especially in the area of high-precision helical gears for the commercial vehicle market, as well as planetary hub drives for wheeled and tracked vehicles in the off-highway market
  • Growing Dana’s electronic controls capability for transmissions and drivelines 
  • Increasing Dana’s product offerings that support vehicle electrification in each of Dana’s end markets – light vehicle, commercial vehicle, and off-highway
  • Optimizing Dana’s global manufacturing presence to be closer to customers in key growth markets such as China and India, as well as the United States
  • Adding four research and development facilities to Dana’s extensive network of technology centers, as well as 12 facilities to the company’s global manufacturing footprint

“Dana’s acquisition of the drive systems segment of Oerlikon enables us to support our customers’ shift toward vehicle electrification across nearly every vehicle architecture in the light vehicle, commercial vehicle, and off-highway segments,” said James Kamsickas, president and CEO of Dana. “The drive systems business’ highly talented team is also strategically positioned to give our customers access to critical manufacturing capabilities in key growth markets, such as India, China, and the United States.”

Selected customers include BMW, Caterpillar, Daimler, and John Deere.

About the Author

Fleet Owner Staff

Our Editorial Team

Kevin Jones, Editorial Director, Commercial Vehicle Group

Cristina Commendatore, Executive Editor

Scott Achelpohl, Managing Editor 

Josh Fisher, Senior Editor

Catharine Conway, Digital Editor

Eric Van Egeren, Art Director

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...