WABCO Holdings

WABCO Holdings, Inc. is an American provider of electronic braking, stability, suspension and transmission automation systems for heavy duty commercial vehicles. Their products are present in many commercial vehicles as truck, bus, trailer and off-highway vehicles, but only fill niche roles.[2][3]

WABCO Holdings, Inc.
IndustryComponent manufacture and supply for commercial vehicles
PredecessorTrane Inc.'s Vehicle Control Systems division
Foundedin 2007 as spin-off of Trane's Vehicle Control Systems division
FateAcquired by ZF Friedrichshafen in 2020
Area served
Worldwide (34 countries)
Key people
Jacques Esculier, CEO
Productselectronic braking systems
stability systems
suspension systems
transmission automation systems
Servicescustomized aftermarket solutions and dedicated support for fleet operators, maintenance workshops and distribution partners
RevenueUS$2.72 billion (2013)
$332 million (2013)
$653 million (2013)
Number of employees
14,631[1] (2017)
ParentZF Friedrichshafen

In March 2019, the company was acquired by German auto parts maker ZF Friedrichshafen, and the acquisition closed in May 2020.[4]


Westinghouse Air Brake Company was founded in 1869. Part of that company was acquired by American Standard in 1968 and were designated as American Standards' Vehicle Control Systems division. American Standard changed its name to Trane, Inc. and on July 31, 2007, Trane spun off its Vehicle Control Systems as WABCO Holdings, Inc via a special dividend to its shareholders. The owners of Trane, Inc. stock received one share of WABCO Holdings for every three shares of Trane, Inc which they held.[5]

Trane, Inc. was acquired by Ingersoll-Rand the following year.[6]

On 28th March 2019 it was publicly announced that the company will be bought by German auto parts maker ZF Friedrichshafen for $USD7 billion with $136.50 per share in an all-cash transaction. The merger will be completed by the beginning of year 2020.[4]

Notable productsEdit

WABCO Holdings' key product groups are brake actuators, air compressor/air management, foundation brake, anti-lock braking, conventional braking, electronic braking, air suspension, transmission automation, vehicle electronic architecture, and stability control/support.[7] [8]


Major customers for WABCO Holdings are commercial and consumer vehicle OEMs and commercial after-market parts suppliers. Commercial truck and bus OEMs - such as Daimler (largest customer; 13% of sales, 2010), Cummins, Paccar, and Volvo - account for the majority of sales (62% of sales, 2013). Commercial after-market suppliers represent a significant minority of sales (25% of sales, 2013). Trailer and consumer vehicle OEMs also contribute a small percentage of sales.[9][10]

WABCO Holdings primary market is in Europe (61% of sales, 2013). They get some business from Asia/Pacific region, and much less from other regions of the world.[11]

North America Vehicle Control System and some compressor sales and support is provided by a joint venture (JV) with Meritor Inc. (Formerly Rockwell Automotive) while Disc Brake sales and higher margin compressor sales are handled directly by offices in Rochester Hills, MI and Charleston, SC.

North American operations also has a division "WABCO Reman Solutions" formed to offer remanufacturing of various brands of defective automotive components as well as WABCO branded defective components.

See alsoEdit


  1. ^ "WABCO Holdings". Fortune. Retrieved 2019-02-28.
  2. ^ WABCO Holdings. US SEC Form 10-K 2010
  3. ^ Reuters. 'Profile: WABCO Holdings, Inc.' Retrieved: July 31, 2011.
  4. ^ a b "ZF completes $7 billion takeover of Wabco Holdings". Freightwaves. 2020-05-20. Retrieved 2020-08-28. CS1 maint: discouraged parameter (link)
  5. ^ WABCO Holdings. US SEC Form 10-K 2010
  6. ^ WABCO Holdings. US SEC Form 10-K 2010
  7. ^ WABCO Holdings. US SEC Form 10-K 2013
  8. ^ Reuters. 'Profile: WABCO Holdings, Inc.' Retrieved: July 31, 2014.
  9. ^ WABCO Holdings. US SEC Form 10-K 2013
  10. ^ Reuters. 'Profile: WABCO Holdings, Inc.' Retrieved: July 31, 2014.
  11. ^ WABCO Holdings. US SEC Form 10-K 2010