AEQUITA Sells IFA Group to Neapco

AEQUITA SE & Co. KGaA, based in Munich, has completed the sale of IFA Group to Neapco, a specialist in driveline systems. This acquisition positions the new entity as the third-largest global producer of propeller and half shafts, employing over 5,000 individuals worldwide with annual revenues of approximately USD 2 billion.

AEQUITA acquired IFA in 2022 and implemented an extensive restructuring process, including modernization of production sites and introduction of new manufacturing technologies. This transformation notably enhanced IFA's market readiness, enabling significant profitability and key contracts in electric vehicle sectors.

Neapco, headquartered in Michigan, USA, looks to expand its market presence through this acquisition, combining strengths to shape a successful future. The transaction, pending antitrust approval, is expected to close in early 2026.