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Bendix completes acquisition of RH Sheppard from ZF for $149.5M · Endata

◂ Announcements

Jun 2, 2020ACQUISITIONUnited States

Bendix completes acquisition of RH Sheppard from ZF for $149.5M

ZF Friedrichshafen completed the sale of RH Sheppard to Bendix Commercial Vehicle Systems for US$149.5 million. Sheppard is a supplier of steering technologies for commercial vehicles. The divestment followed ZF's acquisition of WABCO on 29 May 2020.

Value

$149.5M

Status

Completed

Productssteering technologies for commercial vehicles

CompaniesBendix Commercial Vehicle Systems acquirer ZF Friedrichshafen partner Knorr-Bremse partner RH Sheppard Co., Inc. target

Sectors#Automotive Components

“ZF Friedrichshafen has successfully completed the sale of RH Sheppard to Bendix Commercial Vehicle Systems for US$149.5m.”just-auto.com

1 source
just-auto.comZF completes sale of RH Sheppard to Bendix - Just AutoOlly WehringJun 2, 2020

Summarized from public sources; check the original articles before acting on it.

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