September 6, 2016 - Global News
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
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 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 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 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
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
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 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
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
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
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 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., 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 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 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 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 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
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
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 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
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 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
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
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 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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