Wabco’s strong global presence provides increased access to customers worldwide for Mico products. In return, Wabco gains improved access to the off-highway market in North America while expanding its operational footprint in the region. Both companies will also be able to build on demonstrated world-class engineering and manufacturing capabilities.
“We are excited to welcome our Mico colleagues to the Wabco family,” said Jon Morrison, president for the Americas, Wabco. “We are committed to growing our off-highway business worldwide and to strengthen our presence in North America. Mico is key to our growth and expansion. Over the past 70 years, the team at Mico has done a tremendous job of developing world-class products and engineering and manufacturing capabilities.”
“We are thrilled to join Wabco, a technology leader in the commercial vehicle industry that is known and respected worldwide,” said Brent McGrath, president, Mico. “This acquisition presents exciting new opportunities for Mico, our customers and our employees.