Items marked by the "WABCO" tag:
Articles
ZF
has issued a total bond-secured loan of
€ 2.1
bln. According to ZF, one of the main objectives of this measure is to ensure
the gap financing of the scheduled takeover of Wabco, a leading manufacturer of
security and control solutions for CVs.
Recently, it has been reported that ZF Friedrichshafen, a world-renowned supplier of auto components, is looking into a possible acquisition of Wabco company. It is claimed that the 2 companies have already conducted initial negotiations.
For many years WABCO company has been offering its customers electronic and mechanical technologies in the field of braking systems and transmissions for commercial vehicles. Recently the company reached a long-standing supply agreement with a major producer of trucks and buses located in Europe. WABCO will provide its most advanced valves for automated manual transmissions. The company will operate as a single vendor for future large-scale manufacturing, mainly in Europe and South America.