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Acquisition Expands ArvinMeritor's Global Remanufacturing Operations
 
TROY, Mich. (July 3, 2008) — ArvinMeritor, Inc. (NYSE: ARM) announced today 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. Terms of the acquisition were not disclosed.
 
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(air dryers, valves, compressors, brake chambers, spring brakes, slack adjusters, power steering pumps, master cylinder and clutch servos), 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.
 
About ArvinMeritor
Today, ArvinMeritor, Inc. is a premier global supplier of a broad range of integrated systems, modules and components to the motor vehicle industry. The company serves commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets, and light vehicle manufacturers. Headquartered in Troy, Mich., ArvinMeritor employs approximately 19,000 people in 24 countries. ArvinMeritor common stock is traded on the New York Stock Exchange under the ticker symbol ARM.
 
Spetstorg company – is the largest distributor of ArvinMeritor products it the Ukrainian market from 2006.
From 2009 the assortment of Trucktechnic products is available in all Spetstorg branches.


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