News: Acquisition Expands ArvinMeritor's Global Remanufacturing Operations
ARM has announced that it 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.
Thursday, 3rd July 2008
Trucktechnic has an established reputation for quality, reliability, and outstanding service among its customer base in Western and Eastern Europe, as well as Africa and South America. The company's line of brake kits, components, and testing equipment will expand and complement ArvinMeritor's existing European aftermarket portfolio both in terms of product breadth and market depth. In addition, a significant portfolio of remanufactured, all-makes, complete caliper and disc brakes will add to ArvinMeritor's existing proprietary line of remanufactured disc brakes and will become integral to ArvinMeritor's remanufacturing business. As part of the acquisition, Trucktechnic's 46 full-time employees, based out of its headquarters in Liege, will become part of the ArvinMeritor team.
CRR contributes to Circular Economy report
Scaling the circular economy in Europe offers investment opportunities worth EUR320 billion, according to a new report produced by SYSTEMIQ with the Ellen MacArthur Foundation and with input from the CRR.
CER to open SPARK Workshop on Circular Economy
David Fitzsimons, in his capacity as director of the European Remanufacturing Council (CER), will be opening a SPARK workshop event in Cardiff on 28th March.