CNH Industrial announces the sale of its Truckline business
October 31 2019 - 7:00PM
London, October 31, 2019
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI),
today announced that it has agreed the sale of its Truckline parts
business, one of the largest retailers and distributors of
aftermarket commercial vehicle (truck and trailer) parts and
accessories in Australia, supporting all European, North American
and Japanese makes. Truckline boasts 22 branches across Australia
which are supported by distribution warehouses in Perth, Western
Australia and Brisbane, Queensland.
Truckline has been acquired by Bapcor Ltd.,
Australasia's leading provider of automotive aftermarket parts,
accessories, automotive equipment and services, which will ensure
continuity of service for Australia’s commercial vehicle
customers.
IVECO, the commercial vehicles brand of CNH
Industrial, will continue to supply and serve its Australian
customer base with original equipment parts and service through its
Aftermarket division.
CNH Industrial
N.V. (NYSE: CNHI /MI: CNHI) is a global leader in
the capital goods sector with established industrial experience, a
wide range of products and a worldwide presence. Each of the
individual brands belonging to the Company is a major international
force in its specific industrial sector: Case IH, New Holland
Agriculture and Steyr for tractors and agricultural machinery; Case
and New Holland Construction for earth moving equipment; Iveco for
commercial vehicles; Iveco Bus and Heuliez Bus for buses and
coaches; Iveco Astra for quarry and construction vehicles; Magirus
for firefighting vehicles; Iveco Defence Vehicles for defence and
civil protection; and FPT Industrial for engines and transmissions.
More information can be found on the corporate website:
www.cnhindustrial.com
Contacts:
Corporate Communications
E-mail: mediarelations@cnhind.com
- 20191031_PR_CNH_Industrial_Sale_Truckline
CNH Industrial NV (NYSE:CNHI)
Historical Stock Chart
From Mar 2024 to Apr 2024
CNH Industrial NV (NYSE:CNHI)
Historical Stock Chart
From Apr 2023 to Apr 2024