WABCO has acquired Laydon Composites Ltd. (LCL), a manufacturer of aerodynamic devices for heavy-duty trucks and trailers. Laydon generated revenues of approximately CAD $25 million in 2015 and is headquartered in Oakville, Ontario, Canada.
Through the acquisition, WABCO will provide a full range of aerodynamic devices for commercial vehicles worldwide, including Laydon’s TrailerSkirt and nose fairings in addition to WABCO’s own OptiFlow Tail and SideWings. The deal will expand the availability of Laydon products, as well as WABCO’s range of offerings.
“We are thrilled to welcome LCL to the WABCO family,” said Nick Rens, WABCO’s president of the trailer, aftermarket and off-highway division. “Both WABCO and LCL are companies that are driven by groundbreaking ideas in aerodynamics for commercial vehicles, and through innovative technologies, expertise and excellence in execution grew to become industry leaders. Together, we offer commercial vehicle fleets in international markets the most comprehensive portfolio of aerodynamic products to help them improve operating efficiency and comply with stringent environmental regulations.”
“Joining WABCO is a tremendous opportunity for LCL, its customers and employees,” said Laydon President Brian P. Layfield. “Both companies have a proud history of industry firsts. Together, we are poised to drive further technology innovation in aerodynamics for fleet customers worldwide.”
