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International Motors is selling the operating assets of its Springfield Assembly Plant to Roshel, a defense and commercial vehicle manufacturer.
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Kriete Truck Centers recently acquired Badger Truck Center in Milwaukee, Wisconsin, offering greater accessibility and a full line of Class 3–8 trucks to its customers.
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Stellar Industries is acquiring Elliott Equipment Company, a manufacturer of truck-mounted aerial work platforms, digger derricks, and cranes, founded in 1948.
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Gridline has completed a strategic acquisition of the Shell Telematics business. As part of the agreement, Shell and Gridline will collaborate on providing integrated data solutions that enhance fleet operations.
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Goodyear Tire & Rubber Company is selling its Dunlop brand to Sumitomo Rubber Industries. Goodyear will receive approximately $701 million of cash proceeds from SRI at closing.
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Motorlease announces acquisition by 1st Financial Bank USA to expand its credit lines and continue to operate as a privately held, family-owned provider of fleet management services.
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Reading Truck Group has finalized the acquisition of Mastercraft Truck Equipment. This acquisition expands Reading Truck's total number of locations across the country to 24.
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The combined company will be led by CEO Shlomo Crandus. Matt Dyer, previously CEO of LeasePlan USA, will serve as its president and as a board member.
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Fuchs is the fourth transportation company acquired by Ascend since its launch in January 2022.
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Fyda recently acquired Buckeye Western Star of Columbus and the Kalmar Ottawa business portion of Yard Trucks of Ohio, located in Cincinnati.
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