WABCO Holdings Inc., a leading global supplier of technologies for commercial vehicles, announced that it has completed the acquisition of RH Sheppard Co., a key supplier of steering technologies for commercial vehicles. Sheppard currently offers a suite of power-steering gears for heavy-duty commercial and specialty vehicles. Employing more than 900 persons at its U.S. facilities in […]
WABCO and Nexteer have joined forces to develop and supply breakthrough active steering systems for medium- and heavy-duty commercial vehicles using Nexteer MagnaSteer™ Actuation Technology. This news follows WABCO’s recent announcement of its plans to acquire RH Sheppard Co., Inc–know for their suite of power steering gears has set the industry standard for heavy-duty commercial […]
WABCO Holdings Inc. (NYSE: WBC), a leading supplier in commercial vehicle systems, has signed an agreement to acquire privately held RH Sheppard Co., Inc., a key supplier of commercial vehicle technologies, including vehicle steering capabilities, headquartered in Hanover, Pennsylvania, U.S.A. WABCO’s purchase price is $145 million, subject to customary adjustments. Sheppard had sales of $130 […]
