Production and sales of the OptiLock range will be transferred to a location in Nieuwerkerk aan den Ijssel in the Netherlands.

The Californian trailer manufacturer has made two separate moves to change the structure of its distribution network: it acquired a trailer sales company in the state of Oregon, and it merged two of its dealer groups in the western United States into a single entity.

Schmitz stated that the two companies will combine their “expertise in designing and building superstructures on rigid chassis, including tarpaulin, boxes, and refrigerated solutions”.

TrailerHawk.ai’s technology, billed as a “cargo assurance solution”, is now offered as part of Wabash’s ‘Trailer-as-a-service’ subscription.

AXN Heavy Duty, which was established 16 years ago in 2008, sells axles and suspension systems for the truck, trailer and bus segment in North America.

The transaction, which is mainly components for car and light commercial vehicles, includes the manufacturing operations of two prominent engine parts brands of Moresa and TF Victor, which specialize in pistons and engine gaskets.

Shyft expects the combined company will generate between USD20m and USD25m in annual run-rate cost synergies through “cost optimization and operational efficiency gains”.

Master Freios stated that it plans to utilize the expertise, structure and distribution network of EBS, which has a strong presence in European and Asian countries.

Rane NSK Steering Systems Pvt Ltd was formed in 1997 as a joint venture with NSK, Japan

The acquisition is expected to leverage the expertise of the Roberto Nuti Group to enhance SI Airsprings product offerings as well as strengthen its global market position.

Founded in 1984, Assali Stefen produces standard axles and components as well as self-steering axles and components for special applications.

Although it is integrating aspects of the two data platforms, Schmitz says AGS will continue to operate independently on the cold chain telematics market.