AEQUITA sells IFA Group to drive specialist Neapco
Munich / Haldensleben (ots) – The Munich industrial group AEQUITA has
Drive shaft and joint manufacturer IFA sold to the US company Neapco.
The takeover creates the world’s third largest manufacturer of longitudinal and
Side waves with more than 5,000 employees and a turnover of around 2 billion.
US dollar, which is represented in all strategically relevant markets.
AEQUITA has had the portfolio company since acquiring IFA in 2022
fundamentally realigned, including through comprehensive modernization
and restructuring of all manufacturing locations in Asia, Europe and
North America and the introduction of innovative manufacturing technologies and
Product designs in the area of the side shaft.
“We are pleased that we have supported IFA through the successful transformation of the
“We were able to hand it over to Neapco in excellent condition over the past three years,” says
Dr.-Ing. Axel Geuer, President and Co-CEO of AEQUITA. “Through that
The merger creates a new, world-leading player in the market – and the
IFA will play an essential role in this.”
Robert Roiger, COO of AEQUITA, adds: “With an even broader technology
and product portfolio and an expanded range of drive technologies for
The IFA Group is committed to long-term combustion and electric vehicles
optimally positioned for successful development.”
Neapco is a leading provider of innovative drive solutions for the global
Automotive industry. The company is based in Farmington Hills
US state of Michigan develops, produces and sells high-quality OEM
and aftermarket powertrain products for cars, trucks, agricultural and
Industrial applications. All products are manufactured in state-of-the-art factories
North America, Europe and Asia designed and manufactured. The company has
13 locations worldwide.
Ken Hopkins, President and CEO of Neapco, said: “We look forward to the
Collaboration with the drive specialists from the traditional IFA brand. Together
we will use our know-how, our innovative strength and our global presence
to further expand our market position and achieve a successful one
to shape the future.”
Structured sales process since the end of 2024
After a successful transformation, AEQUITA had a structured one at the end of 2024
Sales process started. Exclusive discussions have taken place since the middle of this year
with the US strategist Neapco, a direct competitor of IFA to date.
There is one in the purchase agreement signed on November 24, 2025
Company valuation in the high three-digit million range. The
The transaction is expected to close in the first quarter of 2026 and is subject to
Subject to approval by the antitrust authorities.
“By integrating into the Neapco Group, IFA now has an extreme
volatile and intensely competitive environment the best possible long-term
Development opportunities,” says IFA managing director Jan-C. Maser. “That we
Neapco has gained such a strong partner is the best proof of this
“Our transformation and realignment was successful,” he said
Managing colleague Stefan Bultmann.
Transformation under the leadership of AEQUITA
The Munich industrial group AEQUITA took over the IFA Group at the end of 2022.
In the following three years, the traditional specialist for…
Development and production of cardan and side shafts as well as joints
Comprehensively new production sites in Germany, Poland, USA and China
aligned. The key points of the transformation program were the introduction
innovative manufacturing technologies and product designs in the area of side shafts
and a comprehensive modernization and restructuring of all
Manufacturing locations in Asia, Europe and North America. Through the technological
and organizational development has increased global competitiveness
the IFA has improved significantly. So the IFA has the first one during this time
Major order won in the area of electromobility and high-potential new customers
acquired. Additionally, 2023 was the company’s first time in more than five years
profitable again.
About AEQUITA:
AEQUITA is a Munich-based industrial group operating worldwide
Investments in transformation situations such as carve-outs and succession planning.
With currently eleven subsidiaries in the chemical, industrial goods/
services and automotive, AEQUITA employs more than 19,000 people
and generates annual sales of more than 6 billion euros.
Press contact:
AEQUITA SE & Co. KGaA
Simon Schultz
partner
Gabrielenstr. 9, 80636 Munich
T. +49 89 2620 4840-0
E. mailto:[email protected]
Further material: http://presseportal.de/pm/181610/6175223
OTS: AEQUITA