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TAG SEARCH RESULT: Mergers & Acquisitions

1  -  25  of  32

April 3, 2018 - Industry News

Ryder Acquisition Adds Last-Mile Delivery, E-Commerce Fulfillment Capabilities

Ryder System has acquired e-commerce fulfillment provider MXD Group, including the company's network of facilities and last mile capabilities.

Tags: E-commerce, Ryder System, Mergers & Acquisitions, Last Mile Delivery

March 22, 2018 - Industry News

Wastequip Acquisition by H.I.G. Capital Closes, Chairman Named

GRUSON

Wastequip, a North American manufacturer of waste handling equipment, announced the close of its acquisition by an affiliate of H.I.G. Capital, LLC, a global private equity investment firm. As part of the deal, which was originally announced in early February, Wastequip has appointed Andreas Gruson as chairman of its board of directors.

Tags: Waste Management, Mergers & Acquisitions, Wastequip

February 14, 2018 - Industry News

Witchita Inland Truck Absorbs Fleet Maintenance Employees

Image courtesy of Inland Truck Parts<br />

Inland Truck Parts & Service of Wichita, Kan., recently stepped in to offer help when nearby Wichita-based Fleet Maintenance, Inc. was destroyed in a fire.

Tags: Fire, Inland Truck Parts, Mergers & Acquisitions

February 8, 2018 - Press Release

H.I.G. Capital Acquires Wastequip

Wastequip, a North American manufacturer of waste equipment, announced it has signed a definitive agreement to be acquired by H.I.G. Capital, LLC, a global private equity investment firm. Wastequip has been owned by Centerbridge Partners, L.P. since 2012.

Tags: Waste Management, Mergers & Acquisitions, Wastequip

January 17, 2018 - Industry News

Auto Truck Group Acquires Assets of Kargo Master

Auto Truck Group, a work truck upfitter specializing in the design, manufacture, and installation of equipment, announced that it has acquired the assets of Kargo Master.

Tags: Upfitting, Auto Truck Group, Mergers & Acquisitions, Upfitters

January 12, 2018 - Press Release

TAG Truck Centers, Lonestar Truck Group Merge

TAG&amp;rsquo;s new 190,000 square foot Freightliner dealership in Memphis, TN is comprised of a new and used truck sales center, a parts and service center, a parts distribution center, a full body shop, and the TAG Technical Institute. (Image courtesy of DTNA)

TAG Truck Centers and the Lonestar Truck Group have merged into a new company called TNTX. The two companies will align under the TNTX entity in the coming months.

Tags: DTNA, Freightliner, Western Star, Daimler Trucks North America, Mergers & Acquisitions

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

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

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

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

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

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

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, Fuel 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: Air Suspension, Mergers & Acquisitions, Stemco

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