Wabco breaks distribution agreement with Meritor in North America
By Jim Gibbins - 1st April 2020
Switzerland / USA - Braking and driveline specialist, Meritor Inc of Troy, Michigan, USA has announced the distribution agreement between Meritor and a subsidiary of Wabco Holdings Inc* of Bern, Switzerland (primarily concerning North America) has been terminated. Meritor was paid USD265m in connection with the termination of the agreement.
Background