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Mergers & Acquisitions

Jasper Acquires Diesel USA Group

Jasper Holdings, Inc., the parent company of Jasper Engines and Transmissions, has acquired Diesel USA Group, Inc., headquartered in Louisville, Ky. The Diesel USA Group will remain a separate company and brand as it becomes part of the Jasper ESOP. 

FCA Pulls Merger Offer with Renault

Fiat Chrysler Automobiles has retracted its offer to merge with Renault a week after submitting the offer because Nissan declined to support it, according to reports.

Woodbine Launches Liftgates in U.S.

Woodbine Manufacturing Company announced the launch of Anteo USA, a medium- to heavy-duty liftgate line, now available for purchase and supported throughout North America.

Meritor to Acquire AxleTech

Meritor, Inc. has entered into an agreement with an affiliate of The Carlyle Group, under which Meritor will acquire AxleTech for approximately $175 million in cash.