Wabco Holdings has acquired the remaining 51% interest of its South African partnership with Sturrock and Robson Industries.
Following the close of the transaction, on 1 December, 2017, the supplier created a wholly-owned business called Wabco South Africa. The move will enable it to introduce its extended global range, including recently acquired product lines, to the sub-Saharan region through a wholly-owned distribution centre near Johannesburg as well as further improving its proximity to customers in the region as a whole. Products include systems for advanced driver assistance, braking, stability control, suspension, transmission automation and aerodynamics.
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Wabco has operated in South Africa through a formal partnership with Sturrock and Robson since 1995, but the relationship between the companies goes back nearly 40 years. In that time it has established a claimed leadership position in the country's commercial vehicle market and a reputation for quality among local and international commercial vehicle OEMs region wide.
The new organisation will be integrated into the supplier's trailer systems, off highway and aftermarket division.