Friedrichshafen is one of the most dynamic hub for industrial technology in Germany, and the city has strong ties to the automotive and rubber industries. There’s one company well worth your time and attention - ZF Friedrichshafen AG. ZF, a global leader in driveline and chassis technology, has long been a major player in the rubber and plastics industry. Specializing in engineering and manufacturing for automotive and industrial applications, the company provides rubber-metal technology essential for vehicle driveline systems, transfer cases, and hybrid systems. Beyond the automotive sector, ZF’s rubber and plastic components are integral to industries such as construction, rail transport, marine propulsion, and wind power. As the company pivots towards electrification and smart mobility solutions, its rubber and plastics division is undergoing a transformation to better align with these emerging market trends. In response to increasing consolidation within the rubber and plastics industry, ZF Friedrichshafen has announced the divestment of its Rubber & Plastics Business Unit. The unit, previously part of ZF’s Car Chassis Technology Division, is being acquired by Shanghai-listed Zhuzhou Times New Material Technology Co., Ltd. (TMT). This move aims to position the unit for long-term growth under a strategic investor while allowing ZF to focus on its core competencies in mobility innovation. The transition, expected to be finalized following regulatory approvals in China and Europe, will establish the business as an independent entity with an estimated annual revenue of EUR 700 million. Approximately 3,300 employees across nine global locations will transition to the new company, ensuring continuity in production and expertise. As the industry adapts to evolving market demands, Friedrichshafen remains a focal point for rubber and plastics innovation. With ZF’s realignment and a growing emphasis on electrification, automation, and sustainable materials, the city is poised to remain a global leader in the sector.