Mergers & Acquisitions

1  -  25  of  31

September 6, 2016 - Global News

Navistar, Volkswagen Announce 'Wide Ranging Strategic Alliance'

Graphic courtesy of Volkswagen Truck & Bus.

Volkswagen Truck & Bus is taking a 16.6% equity stake in Navistar International Corp. as part of a “wide-ranging strategic alliance” that will initially focus on providing powertrains for Navistar trucks starting in 2019.

Tags: Volkswagen, Navistar, Engines, Mergers & Acquisitions

August 29, 2016 - Industry News

Ritchie Bros. Acquires IronPlanet

Vancouver-based Ritchie Bros. Auctioneers has acquired online auctioneer IronPlanet of Pleasanton, Calif., for $758.5 million, the company announced.

Tags: Ritchie Bros. Auctions, Mergers & Acquisitions, IronPlanet, Auctions, Heavy Equipment

August 18, 2016 - Industry News

Uber Buys Autonomous Truck Startup Otto

Photo: Otto

Uber is upping its efforts to expand from the ride-sharing market to commercial freight movement by acquiring Otto, the technology startup that’s developing an aftermarket version of autonomous technology for Class 8 trucks.

Tags: Mergers & Acquisitions, Uber, Autonomous Vehicles, Otto

July 20, 2016 - Industry News

Fitzgerald Glider Kits Acquires Two Peterbilt Dealerships

Photo: Fitzgerald Peterbilt

Fitzgerald Glider Kits has finalized the purchase of two Peterbilt dealerships in the southwest region of Virginia, formerly known by the name Performance Peterbilt of Bristol.

Tags: Peterbilt, Dealership, Mergers & Acquisitions, Glider Kits

June 22, 2016 - Industry News

Douglas Dynamics Buys Medium-Duty Upfitter Dejana

Photo: Dejana

Douglas Dynamics has agreed to acquire medium-duty truck upfitter Dejana Truck and Utility equipment for $206 million It is expected to close the deal during the third quarter of 2016.

Tags: Truck Bodies, Mergers & Acquisitions, Dejana Truck Equipment, Upfitters

June 15, 2016 - Industry News

Autonomous Vehicle Technology Aim of Bendix Parent Company Acquisition

Bendix’s German parent company Knorr-Bremse is making an acquisition to position it for future autonomous vehicle technology.

Tags: Bendix, Global, Mergers & Acquisitions, Advanced Driver Assistance Systems, Autonomous Vehicles

May 5, 2016 - Industry News

Heico Acquires German Cargo Securement Products Company

Photo via Wistra

Cargo securement manufacturer and supplier Heico has acquired Wistra GmbH Cargo Control, a German cargo securement products company.

Tags: Cargo Securement, Ancra, Mergers & Acquisitions

April 19, 2016 - Industry News

Wabco Acquisition Brings Aerodynamic Devices to North America

Pictured here is a heavy-duty truck equipped with LCL’s trailer nose and side fairings, which improve the vehicle’s aerodynamic performance, thereby, helping to lower fuel consumption and CO2 emissions. Image via Wabco

Wabco has acquired Laydon Composites, a manufacturer of aerodynamic devices for heavy-duty trucks and trailers based in Ontario, Canada.

Tags: Aerodynamics, Wabco, Mergers & Acquisitions

April 7, 2016 - Industry News

BestDrive Expands Midwest Presence Through Brahler’s Acquisition

Commercial tire dealer and retreader BestDrive has purchased Brahler’s Trucker Supply, significantly expanding its presence in the Midwest.

Tags: Tires, Continental Tire the Americas, Retreads, Mergers & Acquisitions

April 1, 2016 - Product News

Trail King Acquisition Brings a New Product

Belt conveyor can be added or removed from aluminum grain trailer in about three hours, Trail King says. Photos via Trail King

LOUISVILLE, KY -- Trail King's purchase of Dakota gained a line of grain trailers, while growth in the hauling of turbine blades demands longer equipment.

Tags: Trailers, Dakota, Trail King, Mergers & Acquisitions, Agricultural Fleets

March 7, 2016 - Industry News

TranSource Acquires North And South Carolina Dealers

Commercial truck dealer group TranSource has entered into an agreement with Advantage Truck Centers to purchase certain assets from the Rocky Mount and St. Pauls, N.C. locations.

Tags: Hino, Volvo Trucks, Dealers, Mergers & Acquisitions

February 4, 2016 - Industry News

Pure Power Technologies Goes Independent From Navistar

Pure Power Technologies has been acquired from Navistar by an investment group, allowing PPT to become an independent company.

Tags: Navistar, Fuel Injection, 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

July 15, 2015 - Industry News

BorgWarner to Acquire Remy International

BorgWarner has entered into a definitive agreement to acquire Remy International, a global producer of rotating electrical components.

Tags: Remy, Mergers & Acquisitions, BorgWarner

June 5, 2015 - Industry News

Stemco Agrees to Buy Veyance Air Springs

Stemco has entered into an agreement to acquire the Veyance North-American air springs business form Continental AG, the company announced.

Tags: Goodyear, Stemco, Suspensions, Mergers & Acquisitions

May 15, 2015 - Industry News

ZF Completes TRW Automotive Acquisition

John. C Plant, President and CEO of TRW (left), and ZF's CEO Stefan Sommer. Photo via ZF

ZF Friedrichshafen has completed its acquisition of TRW Automotive, the company announced. TRW and ZF will operate under the name ZF Friedrichshafen AG.

Tags: TRW Automotive, Global, Mergers & Acquisitions, ZF Friedrichshafen

May 1, 2015 - Industry News

Trail King Acquires Grain Trailer Manufacturer

Image via Trail King

Trail King Industries has acquired aluminum grain trailer maker Dakota Trailer Manufacturing expanding the company’s agricultural product line.

Tags: Trailers, Trail King, Mergers & Acquisitions, Agricultural Fleets

January 9, 2015 - Industry News

Carlyle Group Buys Back AxleTech

Mary Petrovich, a former CEO of AxleTech from 2002-2011, will rejoin the firm as executive chairman. Joe Mejaly, who joined the company in May 2014 as general manager, will serve as AxleTech International’s CEO.

Tags: Leadership, People, Mergers & Acquisitions, AxleTech International, Carlyle Group

January 5, 2015 - Global News

Volvo Acquires 45 Percent of Chinese Truck Manufacturer

Photo: Dongfeng Commercial Vehicles

AB Volvo completed the purchase of 45% of Chinese automotive manufacturer Dongfeng Commercial Vehicles, first announced two years ago.

Tags: China, DongFeng Commercial Vehicles, Volvo Group, Mergers & Acquisitions, Global

December 9, 2014 - Industry News

Antares Trailers Acquired by Direct Trailer

Photo via Antares Trailers.

Antares Trailers has been acquired by Direct Trailer, a Texas-based manufacturer of custom flatbeds and drop-deck trailers. The acquisition will expand Direct Trailers production capabilities and increase the business volume.

Tags: Trailers, Flatbeds, Mergers & Acquisitions, Dropdeck Trailers

December 1, 2014 - Industry News

McCandless Truck Center Acquires Hanson International

The McCandless Truck Center International dealership group acquired Hanson International of Western Colorado, a commercial truck dealer with two dealerships in Grand Junction and Glenwood Springs, Colo.

Tags: Colorado, International Trucks, Mergers & Acquisitions, Commercial Truck Dealers

November 7, 2014 - Product News

Talbert Manufacturing Acquires Specialty Trailer Maker

Talbert 6 Axle Steer Dolly: Photo via Talbert Manufacturing

Talbert Manufacturing acquired Ferree Trailers adding the company’s specialty trailer lines that weren't previously in Talbert’s own lineup, along with gaining Ferree’s manufacturing facility.

Tags: Trailers, Heavy Haul, Mergers & Acquisitions, Talbert Trailers

September 15, 2014 - Industry News

Germany’s ZF Purchasing TRW Automotive

ZF Friedrichshafen of Germany is buying Michigan-based TRW Automotive Holdings, creating one of the world's largest companies in the vehicle supplier business.

Tags: TRW Automotive, Mergers & Acquisitions, Suppliers, ZF Friedrichshafen, Global

July 31, 2014 - Industry News

Paccar: No Merger Talks with VW

In early July, a top Daimler Trucks official told reporters that fellow German company Volkswagen would make a bid to buy American truck maker Paccar. VW denied it the rumor at the time, and now Paccar has come out with a statement as well.

Tags: Paccar, Volkswagen, Navistar, Global, Mergers & Acquisitions

July 3, 2014 - Industry News

Rumors Say Volkswagen to Bid for Paccar; VW Denies it

Rumors have been around for a while that Volkswagen will try to buy a U.S. truck maker. Earlier rumors centered on International, but the latest is Paccar, with Reuters running a story Thursday about takeover plans and VW denying it.

Tags: Paccar, Volkswagen, Global, Mergers & Acquisitions



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