ArvinMeritor Inc has entered into an agreement to acquire Trucktechnic, a major remanufacturer and distributor of commercial vehicle disc and foundation brakes and components, based in Liege, Belgium. Terms of the acquisition were not disclosed.
Trucktechnic’s customer base extends across Western and Eastern Europe, as well as Africa and South America. As part of the acquisition, Trucktechnic's 46 full-time employees will become part of the ArvinMeritor team.