Market Overview

WABCO Acquires Ephicas

WABCO Holdings (NYSE: WBC) today announced it has acquired Ephicas, a pioneering company in the field of innovative aerodynamic solutions for commercial vehicles. Leveraging Ephicas' expertise and patented technologies, WABCO will develop a range of aerodynamic products - branded OptiFlow - that are designed to increase vehicle efficiency and reduce fuel consumption for trucks, trailers and buses. WABCO's first product introduction from this acquisition under the OptiFlow brand is an innovatively designed and constructed aerodynamic SideWing for trailers. Launched by Ephicas in 2011, the SideWing is already installed on more than 100 vehicles within 17 major European commercial vehicle fleets, where it delivers long-haul fuel savings up to 5 percent. Independent tests verify that these fuel savings are up to 3 times greater than those delivered by comparable competitive products. Ephicas has also won several awards in Europe for its technology."Like WABCO, Ephicas is an innovator of breakthrough technologies for vehicle efficiency and an industry pioneer for bringing these technologies to market. Together, we expect to accelerate WABCO's drive for leadership in the field of commercial

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Posted-In: News Guidance M&A

 

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