WABCO Acquires Fleet Management Leader, Transics International

WABCO Holdings (NYSE: WBC), a global technology leader and tier-one supplier to the commercial vehicle industry, has announced that it has acquired Transics International NV (NYSE Euronext Brussels: TRAN), a market leader in Europe of fleet management solutions headquartered in Ypres, Belgium.

“WABCO is continuing to execute its strategy to expand its fleet management solutions to commercial vehicle operators globally. With the acquisition of Transics International, we can now leverage the powerful combination of WABCO’s commercial vehicle systems expertise and industry-leading safety and efficiency technologies with Transics’ world-class fleet management solutions,” said Jacques Esculier, WABCO Chairman and Chief Executive Officer.

“The integration of comprehensive real-time data gathered from WABCO’s onboard advanced braking, stability control and efficiency systems with Transics’ innovative telematics services will offer fleet operators a rich source of data to enhance their fleet services, gain operational productivity and increase vehicle safety and efficiency,” Esculier added.

Transics International provides fleet management solutions that help commercial vehicle fleet operators to effectively and more efficiently manage their trucks, trailers, drivers, cargo and orders in real-time. Transics International currently serves more than 1,300 road transport and logistics companies across Europe connecting over 85,000 vehicles.

WABCO plans to combine Transics International’s operations with its existing Trailer Systems, Aftermarket and Off-Highway business. Transics International will continue to operate under its own brand and, as part of WABCO, will offer its comprehensive range of market-leading products and services in key markets worldwide, including its TX-CONNECT platform and suite of related systems.

More information at: www.wabco-auto.com.

 

 

Tags: Transics International, WABCO

Category: Featured, General Update