The acquisition brings E.M.T. fully under BPW’s control. E.M.T. operates six branches in the Czech Republic (Modletice, Prostějov, Jihlava, Pilsen, Hradec Králové, Liberec) and two in Slovakia, strengthening BPW’s existing network to a total of 13 branches across both countries.

For the CV sector IAC India produces cabin interior components such as dashboards, door trims, headliners, floor consoles, and cockpit modules.

M&M has changed the company’s leadership structure.

Industry analysts suggest the acquisition could accelerate the deployment of integrated AC/DC solutions that support the rollout of electric Commercial Vehicles at scale.

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.

For an undisclosed sum, Lyten will acquire three sites from the bankrupt Northvolt concern: ‘Northvolt Ett’ in Skellefteå, ‘Northvolt Labs’ in Västeras (both in Sweden), and ‘Northvolt Drei’ in Germany.

In addition, Schmitz has committed to sharing its innovations in temperature-controlled transportation with Sub Zero and helping it to modernise its facility in Pune, Maharashtra.

Following the completion of an all-stock transaction towards the end of this year, Motiv will be merged with a subsidiary of Workhorse in exchange for newly-issued shares of Workhorse common stock.

Montracon’s managing director, Ray McSorley, emphasised that there will be no changes to the way the company operates following its acquisition by the Martin Group.

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

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.

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