First publishedon www.ITSInternational.com
German technology group ZF Friedrichshafen is to acquire Wabco, a supplier of braking control systems for commercial vehicles.
ZF says commercial vehicle braking solutions are central for the control of automated driving functions such as emergency braking manoeuvres of trucks and trailers.
Wolf-Henning Scheider, CEO of ZF, says the deal will help “create a foundation” for the company to offer systems for automated mobility solutions for passengers and goods.
ZF expects that automated driving functions will primarily be implemented for commercial vehicles and in areas with low complexity and traffic such as factory sites and airports.
Wabco’s products and services include integrated braking systems and stability control, air suspension systems, transmission automation controls as well as aerodynamics, telematics and fleet management solutions.
The transaction is subject to regulatory approval and is expected to close at the beginning of 2020.