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Bendix

Bendix Acquires R.H. Sheppard frm Wabco

WABCO Holdings Inc., has entered into a definitive agreement to sell R.H. Sheppard Co., Inc. to Bendix Commercial Vehicle Systems LLC for $149.5 million.

Bendix Buying Steering Maker from Wabco

Bendix is buying commercial steering supplier R.H. Sheppard from Wabco, a move that adds to its position as a maker of integrated steering and braking systems, which are the basis for highly automated driving and advanced driver assistance systems.