WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., 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 such as trucks, buses, trailers and off-highway vehicles but they only fill the niche roles. WABCO was acquired by ZF Friedrichshafen in May 2020.
16-397: American Standard may refer to: Brands and companies [ edit ] American Standard Companies , a former global manufacturer, predecessor of Trane American Standard Insurance Company, a subsidiary of American Family Insurance American Standard, a brand of plumbing fixtures made by American Standard Brands American Standard,
32-489: A 13% premium above WABCO's February 26 stock price, according to The Wall Street Journal . WABCO shareholders approved the acquisition in July 2019. In January 2020, the U.S. Department of Justice raised concerns about the market power that the combined entity would have if the acquisition was allowed to proceed. In a news release, a Justice Department spokesman said: “The merger, as originally structured, would have given ZF
48-594: A brand of HVAC equipment made by Trane American Standard, a line of guitars made by Fender Musical Instruments Corporation Music [ edit ] American Standard (Mary's Danish album) , 1992 American Standard (Seven Mary Three album) , 1995 American Standards (band) , an American hardcore punk band from Phoenix, Arizona American Standard (Adams) , an early composition by John Adams American Standard (James Taylor album) , 2020 American Standard , 2024 album by Uniform Other [ edit ] American Standard Version (ASV), of
64-734: A merger agreement and thereafter became the Commercial Vehicle Control Systems division of ZF. 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. 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
80-605: A monopoly over an essential steering systems component used in trucks and buses that move products and people across the United States.” WABCO was required to divest the steering systems business in order to proceed with the transaction. The companies reached a settlement with the Department of Justice, and ZF completed the $ 7 billion takeover in May 2020. On 29 May 2020, WABCO was acquired by ZF Friedrichshafen through
96-519: Is different from Wikidata All article disambiguation pages All disambiguation pages American Standard Companies American Standard Companies Inc. was a manufacturer of heating, ventilation, and air conditioning (HVAC) systems, plumbing fixtures , and automotive parts. The company was formed in 1929 through the merger of the American Radiator Company and Standard Sanitary Manufacturing Company forming
112-565: The American Radiator and Standard Sanitary Corporation . The name was simplified to American Standard in 1967. The company was broken up in 2007 with the spin off of the automotive parts business as WABCO Vehicle Control Systems and sale of the plumbing fixtures business as American Standard Brands . The remaining business was renamed Trane , which continues to build HVAC systems under the American Standard name. Trane
128-632: The Bible American Standard of Perfection , North American poultry breed standard American Standard Building, New York City landmark skyscraper formerly called the American Radiator Building American Standard Code for Information Interchange, abbreviated ASCII American Standard thread, another name for United States Standard thread See also [ edit ] The Standard (disambiguation) Topics referred to by
144-587: The company changed its name to American Standard Corporation. The American Standard label was used for both divisions from that year on. In 1929, American Standard bought the Kewanee Toilet Boiler Company, which it kept until the early 1970s. In 1968, the group purchased earthmoving and mining product range of the Westinghouse Air Brake Company (WABCO). It divested itself of these assets in 1984. In 1984,
160-477: The group acquired HVAC manufacturer Trane . In 1999, American Standard purchased control of the United Kingdom-based plumbing fixture companies Armitage Shanks and Ceramica Dolomite of Italy from Blue Circle Industries for $ 430 million. On February 1, 2007 the company announced it would break up its three divisions: WABCO Vehicle Control Systems The Westinghouse Air Brake Company
176-534: 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. 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. North America Vehicle Control System and some compressor sales and support are provided by
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#1732780795752192-431: The same term [REDACTED] This disambiguation page lists articles associated with the title American Standard . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=American_Standard&oldid=1249812978 " Category : Disambiguation pages Hidden categories: Short description
208-555: The stock symbol WBC. On February 27, 2019, WABCO's stock price increased 8% on rumors of a takeover bid by a competitor and trading in the stock was suspended. The following day, a trade publication reported that WABCO had confirmed that it had "been approached" by German auto parts maker ZF Friedrichshafen and was "engaged in preliminary discussions concerning a potential transaction.” On March 28, 2019, ZF Friedrichshafen announced plans to acquire WABCO for $ 136.50 per share ($ 7 billion) in an all-cash transaction. The offer represented
224-594: Was acquired by Ingersoll Rand in 2008, and the parent company has since been renamed Trane Technologies . In 1929, the American Radiator Company (founded 1892) merged with the Standard Sanitary Manufacturing Company (founded 1875 ) to form the American Radiator and Standard Sanitary Corporation. The plumbing division, Standard Sanitary, would continue to sell their products under the "Standard" label until 1967, when
240-603: Was acquired by Ingersoll-Rand the following year. Previously headquartered in Bern, Switzerland (having moved from Brussels, Belgium in February 2019), WABCO employed more than 11000 people in 34 countries worldwide. In 2013, WABCO's total sales were $ 2,720.5 million, a rise of 10% over the previous year. WABCO was a publicly traded company listed on the New York Stock Exchange as WABCO Holdings, Inc. , with
256-556: Was founded in the U.S. in 1869 and acquired by American Standard in 1968. It was designated as American Standards' Vehicle Control Systems division. The earthmoving and mining product range was sold to Dresser Industries in 1984. 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. Trane, Inc.
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