Knorr-Bremse and WESP-Group establish joint venture
Next milestone toward a holistic, efficient, and reliable commercial vehicle aftermarket ecosystem
Focus on data-driven benchmarking to increase efficiency for workshops
Knorr-Bremse holds majority stake in joint venture headquartered in Germany
Knorr-Bremse Systeme für Nutzfahrzeuge GmbH and Dutch company WAGH B.V. (WESP-Group) are deepening their partnership and founding the joint venture WESP CV. The aim of the new joint venture is to further advance the development of digital services for the commercial vehicle industry. The focus here is on data-supported comparison of commercial performance indicators of workshops to individually increase the efficiency of participating companies. Knorr-Bremse and WAGH B.V. will hold 51% and 49% stakes respectively in WESP CV, which will be based in Germany.
Alexander Wagner, Vice President Global Aftermarket/TruckServices, Knorr-Bremse Commercial Vehicles: "The founding of WESP CV marks the next milestone toward a holistic and efficient commercial vehicle aftermarket ecosystem. The joint venture combines WESP's expertise in digital services for workshops with Knorr-Bremse's expertise in the commercial vehicle market. We want to support commercial vehicle workshops with data-based consulting services, helping them to identify operational efficiency potential, enable data-based decisions, and exploit previously untapped business opportunities or potential for improvement. This extensive database will not only support commercial vehicle workshops, but also other market participants and industry partners in gaining deeper transparency about market potential and product field data.”
Bas Wintjes, Managing Director von WAGH B.V.: „In the past months, we have consistently aligned our tools with the key KPIs of the truck, trailer, and bus market. One thing has become clear: the fundamental principles remain the same – benchmarking against others enables workshops to achieve targeted improvements. In today’s environment, where it is becoming increasingly difficult to find skilled staff, it is more important than ever to ensure that workshop employees can work efficiently. Data-driven predictive maintenance solutions will play a central role in the future. Particularly valuable is the collaboration between manufacturers, distributors, and workshops: a strong data ecosystem gives all stakeholders the opportunity to measurably enhance their performance. The partnership with Knorr-Bremse is an important step in the further internationalization of WESP-Group. We look forward to combining Knorr-Bremse’s market expertise with our proven, practice-oriented tools.”