Former type Public Predecessor TRW Inc. Number of employees 66,100 Net income 1.01 billion USD (2012) | Traded as NYSE: TRW Fate Acquired Revenue 16.4 billion USD (2012) Founded 2002 | |
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Successor ZF TRW Automotive Holdings Corp Subsidiaries Kelsey Hayes Co, Rane Engine Valve Limited Parent organizations ZF Friedrichshafen, TRW Automotive Holdings Corp | ||
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TRW Automotive, headquartered in Livonia, Michigan was an American global supplier of automotive systems, modules and components to automotive original equipment manufacturers (OEMs) and related aftermarkets. In 2015 TRW Automotive was acquired by ZF Friedrichshafen and subsequently has been renamed ZF TRW Automotive Holdings Corp.
Contents
- Trw true originals brake pads
- Trw automotive imagefilm
- History
- Automotive History
- Contributions
- References
TRW formally stood for "Thompson Ramo Wooldridge"; it was formed when Thompson Products merged with Ramo-Wooldridge in 1958. The company operated primarily surrounding the design, manufacture and sale of safety systems. It operated approximately 200 facilities with 66,100 employees in 26 vehicle-producing countries.
Trw automotive imagefilm
History
When aerospace company Northrop Grumman purchased competitor TRW in 2002, it sold TRW's automotive division to private equity firm Blackstone Group. TRW Automotive went public in a February 2004 initial public offering (IPO), after which Blackstone held a 56.7% interest in TRW, Northrop Grumman, 17.2%, and TRW management, 1.7%. The company can trace its history back to TRW Inc.s beginnings in 1901, but was founded as TRW Automotive in 2002.
On September 15, 2014, it was announced that German car parts maker ZF Friedrichshafen will buy TRW Automotive for approximately $13.5 billion including debt. The takeover was completed on the 15th May 2015, and TRW Automotive now operates as part of ZF Friedrichshafen AG, as Division 'Active & Passive Safety Technology'.