Tag Archives: Wabco Holdings

WABCO Completes Buyout of Meritor-WABCO Joint Venture

WABCO Holdings has completed the transaction to purchase Meritor Inc.’s stake in the Meritor WABCO joint venture and takes full ownership of the enterprise. The acquisition demonstrates WABCO’s commitment to consolidate its operations in North America and unify its businesses under one team and brand. With the completion of the transaction, WABCO will now fully

WABCO makes history; sells 5 million single-piston air disc brakes globally

WABCO has made history by selling more than five million single-piston air disc brakes (ADB) worldwide. The company has made this announcement at the inaugural North American Commercial Vehicle Show (NACV) at the Georgia World Congress Center in Atlanta, Georgia. WABCO markets its industry-leading single-piston ADB under the MAXX™ product line, which includes MAXXUS™ for

Wabco Holdings to buyout Meritor-Wabco Joint Venture

Global technology supplier Wabco Holdings will further expand operations in the commercial vehicle market in North America by taking full ownership of the Meritor-Wabco joint venture. Wabco has signed an agreement to purchase Meritor Inc’s stake in the joint venture business for USD 250 million. The transaction is expected to close on October 1, 2017

WABCO inks long-term cooperation agreement With Nexteer Automotive

WABCO Holdings has signed a long-term cooperation agreement with Nexteer Automotive, a global leader in intuitive motion control in Michigan, the US. WABCO and Nexteer will collaborate to develop and supply active steering systems for medium- and heavy-duty commercial vehicles using Nexteer MagnaSteer Actuation Technology, a breakthrough product in advanced steering assistance. Earlier, WABCO has

Wabco bags its single largest order for mBSP from Euope

Wabco Holdings has entered into a new long-term agreement with a European manufacturer of trucks and buses. The company will supply the customer’s vehicle brands with its breakthrough modular braking system platform (mBSP). This contract represents Wabco’s single largest order ever for supply of mBSP technology. Introduced in 2014, mBSP enables vehicle makers to flexibly

WABCO acquires AssetTrackr in India; expands business

WABCO Holdings has said that it is expanding its global fleet management solutions (FMS) business to India by acquiring AssetTrackr, an innovative FMS provider based in Bangalore, India. WABCO signed an agreement to purchase 100 per cent of AssetTrackr’s shares. The transaction is now subject to customary conditions precedent and expected to close by the

WABCO India Wins Excellence Award From JIPM

WABCO India Limited has won the 2016 Total Productive Maintenance (TPM) Excellence Award from the Japan Institute of Plant Maintenance (JIPM) for its Mahindra World City lean manufacturing facility in Chennai, India. The plant produces advanced braking and innovative control technologies, is also a world-class export hub serving major commercial vehicle manufacturers and passenger car