Wabco completes acquisition of fleet management solutions provider

June 11, 2014

Wabco Holdings Inc. announced that it has successfully acquired the remaining 3.16% of Transics International. Wabco acquired 96.84% of the company in February.

Transics, which will continue to operate under its own brand, is a fleet management solutions provider based in Ypres, Belgium. Transics International also has offices in France, Germany, Ireland, Italy, the Netherlands and Spain, and it manages a sales network across Europe.

“We are pleased to complete Wabco’s acquisition of Transics International as planned,” said Nick Rens, Wabco executive officer and vice president, Trailer Systems, Aftermarket and Off-Highway. “We reiterate that the synergy of Wabco and Transics superbly aligns with a Wabco strategic objective to further grow business with fleets around the world as we expand our portfolio of innovative solutions tailored to the specific needs of our global customer base.”

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Discover how eets can evaluate, select, and implement trailer telematics with condence. This step-by-step guide walks you through the entire process, so you can improve visibility...
Read more about how WarmMark QR addresses today’s common cold chain monitoring challenges through an innovative combination of visual and digital tracking.
The future of spot buying is automated. Here are 6 reasons why—and how Trimble leads the way.
Unexpected toll costs cutting into your fleet’s profits? Learn how to take control with smart toll management strategies that boost efficiency, savings, and productivity.