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OMNI Holdings, LLC, parent of Omni Specialized, LLC, announced it is in full operation after acquiring the flatbed assets of Tennant Truck Lines.
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When completed, the combination of Southern Company and AGL Resources is expected to create the second-largest utility company in the U.S. by customer base.
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Verizon's acquisition of Telogis would create the second-largest telematics company in the U.S. in a deal that brings together complementary businesses, a leading telematics consultant said.
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Verizon has acquired California-based Telogis to expand its market share in the growing telematics industry, the telecom giant announced.
Read More →FleetPride, Inc., an independent distributor of aftermarket heavy-duty truck and trailer parts, has acquired the assets of Charlebois Truck Parts locations in the Vermont and New York markets.
Read More →Safe Fleet has acquired Rear View Safety (RVS), which provides back-up camera systems and video-based road safety solutions to fleets. Financial terms of the purchase were not disclosed.
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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.
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Investor consortium LP Group BV has completed its acquisition of LeasePlan NV for $4.05 billion (3.7 billion euro), the fleet management company has announced.
Read More →Chicago-based private equity firm GTCR is acquiring video-based telematics supplier Lytx, Inc. for more than $500 million in an all-cash transaction, according to a release.
Read More →CURT Manufacturing LLC, manufacturer and marketer of U.Smade towing products, announced the acquisition of Luverne Truck Equipment.
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