M&A Deal Summary

WABCO Holdings Acquires Laydon Composites

On April 19, 2016, WABCO Holdings acquired automotive company Laydon Composites

Acquisition Highlights
  • This is WABCO Holdings’ 3rd transaction in the Automotive sector.
  • This is WABCO Holdings’ 1st transaction in Canada.
  • This is WABCO Holdings’ 1st transaction in Ontario.

M&A Deal Summary

Date 2016-04-19
Target Laydon Composites
Sector Automotive
Buyer(s) WABCO Holdings
Deal Type Add-on Acquisition

Target

Laydon Composites

Oakville, Ontario, Canada
Laydon Composites Ltd. is a manufacturer of aerodynamic devices for heavy-duty trucks and trailers. Company offers a completely integrated approach to aerodynamic solutions including design, prototyping, testing and ISO-certified tooling and manufacturing. Its unique, state-of-the-art capabilities make it an industry leader across North America and worldwide.

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Buyer(S) 1

Buyer

WABCO Holdings

Brussels, Belgium

Category Company
Founded 1869
Sector Automotive
Employees16,000
Revenue 3.8B USD (2018)
DESCRIPTION

WABCO is a global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO is powerfully “Mobilizing Vehicle Intelligence” to support the increasingly autonomous, connected and electric future of the commercial vehicle industry. WABCO continues to pioneer innovations to address key technology milestones in autonomous mobility and apply its extensive expertise to integrate the complex control and fail-safe systems required to efficiently and safely govern vehicle dynamics at every stage of a vehicle’s journey – on the highway, in the city and at the depot.


DEAL STATS #
Overall 5 of 6
Sector (Automotive) 3 of 4
Type (Add-on Acquisition) 5 of 6
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-09 Trans-Safety LOCKS®

Hamburg, Germany

Trans-Safety LOCKS® GmbH is a manufacturer of mechanical and electronic locking systems for transport vehicles such as trucks, trailers and containers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-24 RH Sheppard

Hanover, Pennsylvania, United States

RH Sheppard Co., Inc. is a designer and manufacturer of commercial vehicle steering systems, engine pumps and related products and services at the highest quality standards and supports customers with personal service and flexibility.

Buy $145M