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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.
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.