Oshkosh Truck Corp. is buying the Geesink Norba Group, a European manufacturer of refuse collection vehicles.

Oshkosh Truck will pay approximately $127.5 million in cash for the company.
The move makes Oshkosh Truck, which produces refuse truck bodies under the McNeilus brand, a top worldwide producer of refuse collection bodies. It further strengthens Oshkosh Truck's position in the international specialty vehicle industry by significantly broadening its refuse product lines, distribution and manufacturing operations, according to the company. The Geesink Norba Group manufactures and markets a comprehensive line of refuse collection bodies, compactors, transfer station compaction equipment and containers.
Geesink Norba products will continue to be offered through their wholly owned distribution system, while providing the opportunity to sell and service select Oshkosh and McNeilus brand products for the European market as well. In addition, Oshkosh's existing distribution network offers significant opportunities for introducing Geesink Norba products to the North American market.