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Business News

Mergers, Acquisitions & Disposals

Nikola assets auctioned to turnkey firm Hyroad Energy

USA

|

Mergers, Acquisitions & Disposals

Nikola assets auctioned to turnkey firm Hyroad Energy

By Bradley Osborne – 29th August 2025

The company reportedly acquired 113 fuel cell trucks along with spare parts, proprietary software, and intellectual property sold in a bankruptcy auction for an undisclosed amount.

Remaining European assets of Northvolt to be acquired by Silicon Valley firm

Sweden

|

USA

|

Mergers, Acquisitions & Disposals

|

Battery Systems, Supercapacitors & Solar

Remaining European assets of Northvolt to be acquired by Silicon Valley firm

By Bradley Osborne – 28th August 2025

Schmitz acquires 27.5% stake in Indian truck bodybuilder

India

|

Mergers, Acquisitions & Disposals

|

Ownership

Schmitz acquires 27.5% stake in Indian truck bodybuilder

By Bradley Osborne – 27th August 2025

Motiv and Workhorse to merge before end of year

USA

|

Mergers, Acquisitions & Disposals

Free Article

Motiv and Workhorse to merge before end of year

By Bradley Osborne – 25th August 2025

Montracon acquired by Martin Group

UK

|

Mergers, Acquisitions & Disposals

Montracon acquired by Martin Group

By Bradley Osborne – 25th August 2025

Germany

|

Investment

|

Venture Capital

|

AI, Digitalisation & Robotics

Bosch to invest EUR 2.5 billion into AI by 2027

By Luke Willetts – 20th August 2025

The investments will support both internal R&D and strategic acquisitions, including stakes in emerging AI startups through its venture capital arm, Bosch Ventures.

USA

|

Mergers, Acquisitions & Disposals

Phinia finalises acquisition of Sweden’s SEM

By Luke Willetts – 19th August 2025

The acquisition supports Phinia’s strategy to expand into carbon-neutral and carbon-free fuel technologies. SEM was previously owned by Swedish Electromagnet Invest AB, majority held by Procuritas Capital Investors V L.P.

Australia

|

Mergers, Acquisitions & Disposals

Free Article

GoZero Group acquires BusTech Group from administrators

By Luke Willetts – 18th August 2025

This acquisition propels GoZero to become Australia’s largest bus manufacturer and preserves local production and jobs in Queensland and South Australia.

Germany

|

Mergers, Acquisitions & Disposals

|

Body & Cab Components

Free Article

JOST signs agreement to sell the Hyva global cranes business to Mutares

By Jim Gibbins – 12th August 2025

Hyva’s global cranes business is stated as having sales revenue of around EUR 100 million.

Italy

|

Agreement

|

Mergers, Acquisitions & Disposals

Free Article

Iveco Group announces agreement to sell Defence Business to Leonardo

By Jim Gibbins – 11th August 2025

The Defence Business (i.e. the IDV and ASTRA brands) has an enterprise value of EUR1.7 billion.

Canada

|

Mergers, Acquisitions & Disposals

Westport completes sale of its light-duty business

By Luke Willetts – 8th August 2025

The deal closed on July 29, 2025, with a base consideration of approximately USD 79.5 million (EUR 67.7 million), subject to adjustments, along with potential earnouts of up to USD 3.9 million (EUR 3.3 million), based on performance milestones.

Italy

|

India

|

Mergers, Acquisitions & Disposals

|

Agreement

Free Article

Tata Motors to buy Iveco Group

By Jim Gibbins – 31st July 2025

‘Completion of the offer is conditional on the separation of Iveco Group’s defence business’

Malaysia

|

Product

UD launches new Kuzer light truck in Malaysia

By Will Pulson – 31st July 2025

UDTrucks' new Kuzer is based on Isuzu’s N-series.

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.

Japan

|

Recruitment

Fuso launches largest-ever global hiring campaign

By Will Pulson – 28th July 2025

Truck-maker looks to strengthen its operations ahead of the merger with Hino.

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.

UK

|

Mergers, Acquisitions & Disposals

Johnson Matthey sells its Catalyst Technologies business to Honeywell

By Luke Willetts – 25th July 2025

The sale aligns with JM’s strategy to streamline its portfolio and focus on core growth areas such as hydrogen technologies and emissions control for commercial vehicles.

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    • 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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