© ZF Friedrichshafen Electronics Production | March 20, 2019
ZF acquires mobility provider 2getthere
ZF Friedrichshafen AG has acquired a 60% share of 2getthere B.V. The company offers complete automated transport systems and is located in Utrecht/Netherlands, with offices in San Francisco, Dubai and Singapore.
Applications range from driverless electric transport systems at airports, business and theme parks to dedicated urban transport infrastructures. With this investment, ZF is executing its "Next Generation Mobility" strategy to strengthen its foothold in the Mobility as a Service and automated guided vehicle growth markets, and complements its existing activities. “2getthere has more than three decades of experience in the market for autonomous passenger transport vehicles as well as unique engineering and software competences. This acquisition supports our strategy to become a leading autonomous transportation systems supplier in the booming new mobility market”, says Wolf-Henning Scheider, Chairman of the Board of Management at ZF Friedrichshafen AG. The majority stake in 2getthere complements ZF’s existing investments and co-operations, such as the e.GO Moove, a joint venture with e.GO Mobile AG, which targets the production of the e.GO Mover autonomous minibus, as well as Transdev, a leading operator and global provider of integrated mobility solutions. “The market for driverless electric transport systems is developing dynamically. We want to continue to lead the market and the involvement of ZF is helping us to realize our growth plans, accelerate our technology roadmap and provide the required security for new and existing customers,” says Carel C. van Helsdingen, founder and CEO of 2getthere. “The technological cooperation with ZF will support 2getthere’s work for the delivery of mixed traffic applications like Rivium and Brussels Airport." Looking at the past three years alone, the company’s revenue has increased by 60 percent. In the future, ZF and 2getthere will closely work together to further develop technologies for autonomous transport systems. 2getthere’s engineering and software development teams in Utrecht are expected to grow significantly over the next years, approximately doubling the current 60 employees. The two companies agreed not to disclose the transaction volume.
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