• ZF and WABCO to form a leading global integrated systems provider for commercial vehicle technology with combined sales of approximately €40 billion
  • Complementary capabilities of both companies to create added value for ZF’s commercial vehicle customers
  • ZF to acquire WABCO for $136.50 per share for a total equity value of approximately $7 billion
  • Closing expected for early 2020
  • Planned acquisition approved by ZF’s Management Board and Supervisory Board and WABCO’s Board of Directors

Friedrichshafen. ZF Friedrichshafen AG, today announced that it has entered into a definitive agreement to acquire WABCO (NYSE: WBC) for $136.50 per share. The planned acquisition has been approved by ZF’s Management Board and Supervisory Board and WABCO’s Board of Directors. Together, ZF and WABCO will form a leading global integrated mobility systems provider for commercial vehicles, creating added value for ZF’s commercial vehicle customers. The combined company will have sales of approximately €40 billion.


WABCO is a leading global supplier of braking control systems, technologies and services that improve safety, efficiency and connectivity of commercial vehicles including trucks, buses and trailers. Its diverse 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. WABCO, which is listed on the New York Stock Exchange (NYSE), generated €3.3 billion in revenues in 2018 and has some 16,000 employees in 40 countries.