The transaction is valued at a few million Euros, according to ZF estimations.
The German manufacturer was assisted in the transaction by the law house Noerr.

The expansion decision of the company came in the context where the Germans grew their business each year, reaching EUR 50 million turnover in 2015 with their local factory in Caransebeş.
In 2015 the number of the employees locally was 430 persons.
Moreover, according to ZF,  the factory TMD Friction in Caransebeş has nearly 30 pct. profit margin.

TMD Fric­tion România is one of the top local exporters.
The brake systems produced by TMD Friction are used by lots of car manufacturers in several models, such as Dacia Logan or Bugatti Veyron, according to the company’s website. (source: zf.ro)