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ZF completes sale of R.H. Sheppard to Bendix

ZF Friedrichshafen AG successfully completed the sale of R.H. Sheppard Co., Inc. to Bendix Commercial Vehicle Systems LLC for USD 149.5 million. The divestment follows ZF’s acquisition of WABCO on May 29, 2020. Sheppard is an industry-leading supplier of steering technologies for commercial vehicles. Bendix is an ind....

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