Bendix parent Knorr-Bremse acquires German steering company
Posted: June 3, 2016 by Today's Trucking Staff
MUNICH, GERMANY – Bendix Commercial Vehicle Systems’ parent company, Knorr-Bremse Group, has acquired tedrive Steering Systems GmbH, another German-based company that will add state-of-the-art steering systems to the group’s already strong braking system portfolio.
With locations in locations in Germany, Turkey, Russia and the U.S., tedrive currently has some 320 employees. The company manufactures and markets an extensive portfolio that includes rack-and-pinion as well as recirculating ball steering gear systems across all vehicle segments.
“Through the smart connection of systems and subsystems we will be able to generate added value for our customers, be they commercial vehicle manufacturers or operators, in the development, production and operation of their vehicles,” explained Dr. Peter Laier, member of Knorr-Bremse’s executive board for the Commercial Vehicle Systems division.
This is particularly important against the backdrop of increasingly widespread driver assistance systems and the automation of driving functions – developments that not only offer greater safety but also reduce total vehicle operating costs, says Knorr-Bremse. The award-winning intelligent Hydraulic Steering Assist technology from tedrive was developed with a view to meeting the demands of autonomous driving in commercial vehicles.