The ZF Group has rebranded its Passive Safety Systems division as “ZF LifeTec” as part of the ongoing legal separation process of the division that it began in October 2022.
ZF LifeTec’s rebranding will support its strategy “to further increase sales and profitability as a standalone business”, ZF said in a statement.
Rudolf Stark, head of ZF Passive Safety Systems, said, “We are aiming for growth, driven by automotive megatrends and globally rising levels of safety regulations. Our new brand stands for an extraordinary level of safety for vehicle occupants.”
Dr Holger Klein, CEO of the ZF Group, said, “As a standalone brand, ZF LifeTec gains the strategic scope to further accelerate sales growth and profitability. The carve-out is progressing well and we continue to explore options to further develop ZF LifeTec in the future.”
Dr Martin Fischer, member of the board of management of the ZF Group responsible for the Passive Safety Systems division, added, “Today’s announcement of the new brand ZF LifeTec is a visible signal, both internally and externally, of the independent positioning and aspirations of the Passive Safety Systems division.”
