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Business News

Mergers, Acquisitions & Disposals

UK

|

Mergers, Acquisitions & Disposals

Battery recycling firm Ecobat sells European arm to private equity firm

By Luke Willetts – 29th July 2025

Ecobat’s European battery distribution division was the arm of the business responsible for selling and distributing batteries (mainly lead-acid, but also lithium) to customers across Europe and had nothing to do with battery recycling.

Fuso launches largest-ever global hiring campaign

Japan

|

Recruitment

Fuso launches largest-ever global hiring campaign

By Will Pulson – 28th July 2025

UK

|

Mergers, Acquisitions & Disposals

Bosch sells tranche of Ceres stock

By Luke Willetts – 28th July 2025

Before the sale, Bosch held 33,790,880 shares, or approximately 17.4 % of the company. After the transaction, it will retain 27,396,115 shares, equivalent to 14.1 %, with the retained portion subject to a 60-day lock-up period unless waived.

Johnson Matthey sells its Catalyst Technologies business to Honeywell

UK

|

Mergers, Acquisitions & Disposals

Johnson Matthey sells its Catalyst Technologies business to Honeywell

By Luke Willetts – 25th July 2025

Sweden

|

Mergers, Acquisitions & Disposals

|

R&D

|

Battery Systems, Supercapacitors & Solar

Volvo acquires battery cell laboratory from Northvolt joint venture

By Bradley Osborne – 21st July 2025

Volvo commented that the acquisition will enhance its competency in battery cell and battery materials development.

USA

|

Switzerland

|

Mergers, Acquisitions & Disposals

Shyft merges with the Aebi Schmidt Group

By Bradley Osborne – 14th July 2025

The combined company will operate as under the Aebi Schmidt name, headquartered in Burgdorf, Bern, Switzerland.

France

|

Mergers, Acquisitions & Disposals

ABB acquires BrightLoop, accelerating its heavy-duty electrification capabilities

By Luke Willetts – 10th July 2025

Speaking to ABB representatives at the 2025 UITP Summit, they said that for the commercial vehicle sector, this deal is significant as electrification advances into heavier classes, from terminal tractors and off-highway equipment to electric buses, the need for high-performance power conversion grows.

USA

|

Mergers, Acquisitions & Disposals

Dana to sell its Off-Highway business to Allison

By Luke Willetts – 9th July 2025

This decision is part of a broader strategy to focus on Dana's core competencies in light and commercial vehicle markets. The sale is expected to strengthen Dana's balance sheet and unlock untapped shareholder value.

Belgium

|

Luxembourg

|

Mergers, Acquisitions & Disposals

|

Distribution & Aftermarket

Trane Technologies acquires Thermo King dealer in Belgium and Luxembourg

By Bradley Osborne – 5th July 2025

The Gradius business has been renamed as “Thermo King Belux” and will continue to serve customers in Belgium and Luxembourg.

USA

|

Sweden

|

Mergers, Acquisitions & Disposals

Phinia to acquire Swedish manufacturer of ignition systems for alternative fuels

By Bradley Osborne – 4th July 2025

Founded in 1915, SEM launched its first ignition systems for natural gas engines in 2000: since then, it has developed a range of fuel ignition products, injector stators, and linear position sensors for engines fuelled with natural gas, hydrogen, and other alternatives to diesel.

France

|

Mergers, Acquisitions & Disposals

|

Retrofit & Refurbishment

REV Mobilities acquires Iveco bus retrofit company

By Bradley Osborne – 2nd July 2025

Through the acquisition of GreenMot, REV Mobilities has taken ownership of retrofit kit solutions approved by the French government for Iveco ‘Crossway’ Euro 6 and ‘Crossway Low Entry’ Euro 5 buses.

USA

|

Mergers, Acquisitions & Disposals

|

Autonomous Vehicles

Plus to go public through SPAC merger in late 2025

By Bradley Osborne – 18th June 2025

Following shareholder approval, Plus will enter into a business combination that will generate up to USD300m in gross proceeds while also giving it access to the public financial market.

USA

|

Mergers, Acquisitions & Disposals

Goodyear to sell majority in its chemical business

By Luke Willetts – 15th June 2025

This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas.

Italy

|

Mergers, Acquisitions & Disposals

Iveco sells 51% stake in GATE to a Dutch finance company

By Luke Willetts – 13th June 2025

The new entity will operate as a joint venture (JV) between the two companies. For Iveco, partnering with DLL provides valuable expertise in asset financing and financial services, which it anticipates will help expand its asset leasing business.

Japan

|

Mergers, Acquisitions & Disposals

Free Article

Fuso and Hino to finalise merger plans in 2026

By Luke Willetts – 11th June 2025

According to details shared at the press conference, the new Tokyo-based holding company will see Daimler Truck and Toyota each holding a 25% stake, with Hino and Fuso operating as wholly-owned subsidiaries.

USA

|

Mergers, Acquisitions & Disposals

|

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

|

China

|

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”.

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  1. Home
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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
  6. Infrastructure
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    • Diesel / Bio-Diesel Fuel
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    • Hydrogen Fuel
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