# Wabco to acquire RH Sheppard for $145M

Wabco Holdings Inc. signed an agreement to acquire RH Sheppard Co., Inc., a supplier of commercial vehicle steering technologies, for $145 million. Sheppard is headquartered in Hanover, Pennsylvania.

- Type: Acquisition
- Announced: 2017-08-25
- Where: Hanover, Pennsylvania, United States
- Value: $145.0M
- Status: announced
- Products: power-steering gears, engine pumps
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [WABCO](https://endata.com/companies/3234.md) (acquirer)
- [RH Sheppard Co., Inc.](https://endata.com/companies/26523.md) (target)

## Sources

- [motownindia.com](https://www.motownindia.com/InNews/In%20the%20News/1358/Wabco-to-acquire-US-based-Sheppard--supplier-of-CV-technologies), 2017-08-25: "Wabco’s purchase price is $145 million, subject to customary adjustments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
