On Thursday, 23 January, the European Commission unconditionally approved the proposed acquisition of WABCO by ZF.
ZF Friedrichshafen AG, which is based in Germany, and WABCO Holdings, Inc., an American company headquartered in Switzerland, both manufacture various components for commercial vehicles—in particular, for medium and heavy commercial vehicles (‘MHVC’). The companies’ product portfolios are largely complementary in the MHVC market.
ZF specialises in the manufacture of...