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Business News

Mergers, Acquisitions & Disposals

USA

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Mergers, Acquisitions & Disposals

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Wheels & Tyres

Goodyear confirms Dunlop sale to Sumitomo Rubber Industries

By Luke Willetts – 28th May 2025

This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas. This sale follows Goodyear's recent divestment of its Off-the-Road equipment tyre business to Yokohama Rubber for USD 905 million last year.

France

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China

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Mergers, Acquisitions & Disposals

Safra taken out of receivership through Chinese acquisition

By Bradley Osborne – 27th May 2025

Wanrun’s bid was selected because it proposed to maintain all of Safra’s current business activities and to keep 120 out of 169 jobs going through a “clear investment plan”.

Mahindra to buy majority stake in SML Isuzu

India

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Mergers, Acquisitions & Disposals

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Strategy/Policy

Free Article

Mahindra to buy majority stake in SML Isuzu

By Jim Gibbins – 16th May 2025

UK

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USA

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Mergers, Acquisitions & Disposals

TI Fluid Systems to merge with ABC Technologies

By Bradley Osborne – 14th May 2025

ABC Technologies has stated that the new company will be a “stronger, more diversified Tier-1 manufacturer” with “global scale and local reach”.

UK

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Mergers, Acquisitions & Disposals

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Aftermarket

Van Hool Industrial Vehicles acquires British tanker services firm and establishes new UK & Ireland subsidiary

By Bradley Osborne – 13th May 2025

This follows the acquisition of Tankcare Engineering Ltd, an aftermarket firm based in Wisbech, England.

Australia

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Mergers, Acquisitions & Disposals

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Distribution & Aftermarket

Volvo expands distribution network in Western Australia

By Bradley Osborne – 11th May 2025

After acquiring the company for an undisclosed sum, Volvo has expanded its network by eight locations, growing its total number of distribution sites in the country to fourteen.

USA

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Mergers, Acquisitions & Disposals

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Battery Systems, Supercapacitors & Solar

Carrier Transicold buys Addvolt

By Luke Willetts – 9th May 2025

This was after an initial investment in 2022 by the company’s venture capital arm, Carrier Ventures. The company will integrate Addvolt’s battery systems into its refrigeration units and absorb all 60 employees into the Carrier Climate Solutions Transportation segment.

India

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Mergers, Acquisitions & Disposals

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Joint Venture

SAF-Holland acquires outstanding stake in Haldex joint venture with Anand Group

By Bradley Osborne – 8th May 2025

SAF-Holland said that taking over Anand’s portion in the Haldex joint venture will simplify the localisation of the entire Haldex product portfolio in India.

Germany

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Mergers, Acquisitions & Disposals

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Connectivity

Daimler Buses acquires 49% stake in German software company Sinos

By Luke Willetts – 7th May 2025

Daimler Buses and Sinos have been collaborating since 2022, with Sinos providing its proprietary software to support Daimler’s fleet electrification efforts. This acquisition formalises that relationship, enabling Daimler Buses to offer its customers customised, long-term digital solutions for electric fleet operations.

Japan

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Mergers, Acquisitions & Disposals

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Agreement

Free Article

Hino and Fuso resume merger talks

By Will Pulson – 5th May 2025

The plan is to list a joint holding company in 2026.

Netherlands

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Mergers, Acquisitions & Disposals

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Body & Cab Components

ZF sells OptiLock trailer security range to Imbema

By Bradley Osborne – 25th April 2025

Production and sales of the OptiLock range will be transferred to a location in Nieuwerkerk aan den Ijssel in the Netherlands.

Canada

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Netherlands

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Mergers, Acquisitions & Disposals

Westport to sell light duty business for USD73.1m

By Bradley Osborne – 14th April 2025

Westport has agreed to sell its light-duty interests, including its OEM and independent aftermarket businesses, to a Dutch investment firm for USD73.1m.

USA

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Mergers, Acquisitions & Disposals

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Distribution & Aftermarket

Utility Trailer acquires and merges dealership locations in western United States

By Bradley Osborne – 29th March 2025

The Californian trailer manufacturer has made two separate moves to change the structure of its distribution network: it acquired a trailer sales company in the state of Oregon, and it merged two of its dealer groups in the western United States into a single entity.

Germany

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Poland

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Mergers, Acquisitions & Disposals

Schmitz to acquire 48% stake in GT Trailers

By Bradley Osborne – 21st March 2025

Schmitz stated that the two companies will combine their “expertise in designing and building superstructures on rigid chassis, including tarpaulin, boxes, and refrigerated solutions”.

USA

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Mergers, Acquisitions & Disposals

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Connectivity

Wabash acquires cargo security technology for trailers

By Bradley Osborne – 18th March 2025

TrailerHawk.ai’s technology, billed as a “cargo assurance solution”, is now offered as part of Wabash’s ‘Trailer-as-a-service’ subscription.

USA

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Mergers, Acquisitions & Disposals

Goodyear finalises sale of its Off-The-Road tyre business to Yokohama

By Luke Willetts – 2nd March 2025

The sale has been finalised after receiving the necessary regulatory approval. The divestiture is part of Goodyear’s plan to cut costs by streamlining its business operations.

Sweden

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Mergers, Acquisitions & Disposals

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Battery Systems, Supercapacitors & Solar

Scania to acquire systems industrial division of Northvolt

By Bradley Osborne – 24th February 2025

Included in the transaction are a battery systems prototyping facility in Stockholm and a cell production facility in Gdańsk, Poland, which employ a total of approximately three hundred employees.

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    • Truck & Van
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    • Battery Electric
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    • ADAS & Safety Systems
    • Aerodynamics
    • AI, Digitalisation & Robotics
    • Alternative Fuel Engines
    • Autonomous Vehicles
    • Axles & Suspensions
    • Battery Systems, Supercapacitors & Solar
    • Body & Cab Components
    • Brakes & Braking Systems
    • Chassis Components
    • Connectivity
    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
    • Emission Control Systems
    • Fuel Storage Systems
    • Gas Engines
    • H2 IC Engines & Components
    • HVAC Systems
    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
    • Transmissions
    • Wheels & Tyres
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