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TAG SEARCH RESULT: Mergers & Acquisitions

1  -  25  of  26

September 18, 2017 - Industry News

Meritor Selling Stake in Joint Venture to Wabco

Advanced safety systems were one offering of the Meritor Wabco joint venture. Photo: Meritor Wabco

Wabco Holdings Inc. is expanding its operations in North America by taking full ownership of the Meritor Wabco joint venture.

Tags: Meritor, Aftermarket, Meritor Wabco, Wabco, Mergers & Acquisitions, Advanced Driver Assistance Systems

August 24, 2017 - Industry News

Detroit Reman Acquires Mascot Truck Parts

Detroit Diesel Remanufacturing is acquiring the North American business operations of Mascot Truck Parts, a provider of remanufactured driveline components for the heavy- and medium-duty aftermarket.

Tags: Detroit Diesel, Remanufacturing, Mergers & Acquisitions, Drivelines

August 24, 2017 - Industry News

Wabco Acquires Active Steering Technology Supplier

Wabco Holdings has signed an agreement to acquire RH Sheppard Co., a supplier of commercial vehicle technologies, including vehicle steering capabilities, such as active steering technology.

Tags: Active Safety Systems, Wabco, Mergers & Acquisitions, Autonomous Vehicles, Steering, Sheppard

June 12, 2017 - Press Release

CURT Group Acquires UWS

CURT Group, distribution company of towing products and truck accessories, announced that it has entered into an agreement to acquire United Welding Services (UWS) from Thule, Inc.

Tags: Towing, Mergers & Acquisitions, Work Truck Accessories, CURT Group, Thule, UWS

May 8, 2017 - Industry News

Federal Signal to Buy Truck Bodies and Equipment International

Federal Signal Corporation has announced that it has signed a definitive agreement to acquire Truck Bodies and Equipment International, a manufacturer of dump truck bodies and trailers.

Tags: TBEI, Truck Bodies, Mergers & Acquisitions, Federal Signal

April 17, 2017 - Industry News

Carrier Transicold to Buy Westport’s APU Business for $70M

Carrier Transicold has signed an agreement to acquire certain IMPCO road and rail transport product lines, including the ComfortPro auxiliary power unit business, from Westport Fuel Systems.

Tags: Carrier Transicold, Mergers & Acquisitions, Westport, APUs

March 14, 2017 - Industry News

Reading Truck Group Closes Acquisition of Three PalFleet Sites

Reading Truck Group announced that it closed the acquisition of three upfitting facilities from PalFleet Truck Equipment Company, pursuant to a previously executed purchase agreement.

Tags: Reading Truck Body, Mergers & Acquisitions, PalFleet

March 1, 2017 - Industry News

Navistar, Volkwagen Close Strategic Alliance Deal

Navistar International Corp. announced the closing of its "wide-ranging strategic alliance" with Volkswagen Truck & Bus, which includes an equity investment in Navistar, a procurement joint venture, and technology and supply collaboration.

Tags: Volkswagen, Navistar, Mergers & Acquisitions

February 15, 2017 - Industry News

Stellar Signs Letter of Intent to Purchase ACI

Stellar Industries, Inc. announced that it has entered into a Letter of Intent to purchase the assets of American Crane, Incorporated (ACI) and Tire Trucks International (TTI).

Tags: Truck Tires, Stellar Industries, Mergers & Acquisitions, American Crane International

February 10, 2017 - Industry News

Reading Truck Group Acquires Four PalFleet Truck Equipment Sites

Reading Truck Group will assume customers, staff, and assets at four PalFleet sites, acquiring its service body line. (Photo courtesy of PalFleet)

Reading Truck Group will assume customers, staff, and assets at four PalFleet sites: Council Bluffs, Iowa; Indianapolis; Louisville, Ky.; and Nashville, Tenn.

Tags: Upfitting, Palfinger, Service Bodies, Reading Truck Body, Mergers & Acquisitions, PalFleet

January 5, 2017 - Industry News

Element Purchases The CEI Group

Smolda

Element Fleet Management Corp. has purchased fleet safety and accident management provider The CEI Group, the company announced.

Tags: Element Fleet Management, CEI Group, Mergers & Acquisitions

July 26, 2016 - Press Release

Omni Holdings, LLC Purchases Flatbed Assets of Tennant Truck Lines

(PHOTO: Omni Holdings)

OMNI Holdings, LLC, parent of Omni Specialized, LLC, announced it is in full operation after acquiring the flatbed assets of Tennant Truck Lines.

Tags: Flatbeds, Mergers & Acquisitions, Omni Holdings

May 12, 2016 - Industry News

Nissan to Take 34% Controlling Stake in Mitsubishi

Photo courtesy of Nissan.

Nissan Motor Co. will acquire 34% of Mitsubishi Motors Corp. for 237 billion yen ($2.17 billion) in a deal that makes Nissan the leading investor in the struggling automaker.

Tags: Nissan, Mitsubishi, Mergers & Acquisitions

January 19, 2016 - Industry News

Union Leasing Acquires Walser Leasing and Fleet Services

The sale did not include Walser Specialized Services, which provides acquisition services to car rental companies and commercial fleets.

Tags: Union Leasing, Fleet Management Companies, Mergers & Acquisitions, Walser Automotive Group

December 18, 2015 - Press Release

Motion Industries to Acquire Moss Rubber and Equipment

Motion Industries, Inc. a wholly owned subsidiary of Genuine Parts Company, has entered into a definitive agreement whereby Motion Industries has agreed to acquire Moss Rubber and Equipment Corporation.

Tags: Genuine Parts, Mergers & Acquisitions, Moss Rubber and Equipment

November 2, 2015 - Industry News

J.B. Poindexter & Co. to Acquire Reading Truck Body

J.B. Poindexter & Co., parent company of Morgan Olson, is buying Reading Truck Body, which makes service and other bodies

Tags: Reading Truck Body, Mergers & Acquisitions

October 19, 2015 - Press Release

WEX to Acquire Fuel Card Provider

WEX Inc. is moving to acquire Electronic Funds Source LLC (EFS) for $1.1 billion and 4 million shares of common stock that will be issued to investment funds affiliated with Warburg Pincus, EFS’ current owner.

Tags: WEX, Payment Cards, Mergers & Acquisitions

September 15, 2015 - Industry News

GE to Sell Transportation Finance Unit to BMO Financial Group

SHERIN

GE announced that it has reached an agreement to sell its GE Capital, Transportation Finance business in the U.S. and Canada to BMO Financial Group (BMO).

Tags: GE Capital, Mergers & Acquisitions, Canada, Financing

July 1, 2015 - Press Release

Stemco Acquires Goodyear Air Springs Business

Stemco, an EnPro Industries company, completed its previously announced acquisition of the maker of Goodyear air springs, as well as Super Cushion and Spring Ride air springs, from ContiTech, a division of Continental Corporation.

Tags: Mergers & Acquisitions, EnPro Industries, Air Springs, Stemco

June 29, 2015 - Industry News

Sysco Ends Merger Agreement With US Foods

Photo: Deborah Lockridge

Sysco has terminated its merger with US Foods after the Federal Trade Commission’s request for preliminary injunction to block the deal was granted.

Tags: Federal Trade Commission, Mergers & Acquisitions, Sysco, Food and Beverage Fleets

June 29, 2015 - Industry News

Element to Acquire GE Capital's Fleet Business

File photo of GE Capital Fleet's Vehicle Innovation Center in Eden Prairie, Minn.

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

Tags: GE Capital Fleet Services, GE Capital, Element Fleet Management, Mergers & Acquisitions, Equity Markets, Fleet Management Companies

March 31, 2015 - Industry News

LeasePlan Confirms Sale Discussions

Photo via LeasePlan.

LeasePlan Corp. is actively discussing selling the Dutch company and its U.S. fleet management division to a group of investors, LeasePlan has confirmed.

Tags: Fleet Management Companies, LeasePlan, Mergers & Acquisitions

February 6, 2015 - Industry News

Terex Corp. Acquires Dueco

File photo.Philadelphia-based PECO's Terex XT55 hybrid bucket truck that had been supplied by Dueco in 2014.

Connecticut-based Terex Corp. has acquired the assets of Dueco, Inc., a Wisconsin company that sells and services utility trucks. Dueco is the distribution and service arm for Terex products in 17 states.

Tags: Terex, Dueco, Mergers & Acquisitions

November 5, 2014 - Industry News

Bobit Business Media Acquires ATA's Truck Fleet Management

Bobit Business Media has acquired the Truck Fleet Management media properties from the American Trucking Associations (ATA) in a deal that closed Nov. 5.

Tags: Bobit Business Media, ATA, Mergers & Acquisitions

November 21, 2013 - Press Release

ARI Celebrates 65 Years in the Fleet Management Industry

The ARI sales department circa the 1950s.<br />

ARI has marked 65 years in the fleet management industry. The company, which was founded in 1948 by Steward Holman, has become a global fleet management and services provider.

Tags: ARI, Fleet Management Companies, Mergers & Acquisitions, Fleet History

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