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Mergers & Acquisitions

Traton, Navistar Enter Purchasing Agreement

Traton and Navistar have officially entered into a definitive merger agreement after announcing that the companies had reached an agreement for Traton to buy out the remaining shares in Navistar on October 16.

Navistar, Traton Make a Deal

Navistar and Traton have agreed in principle to a deal for the acquisition of Navistar International Corp. by Volkswagen’s truck and bus unit for $3.69 billion.

Omnitracs Acquires SmartDrive

Omnitracs is buying SmartDrive, a move the companies say will create a converged, end-to-end platform that optimizes safety, driver productivity, and workflow, as well as routing, dispatch, and compliance.

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