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Business News

Mergers, Acquisitions & Disposals

USA

|

Mergers, Acquisitions & Disposals

Dana acquires systems integration specialist Nordresa

By Jim Gibbins – 1st September 2019

Dana Incorporated has completed the acquisition of Nordresa Motors Inc, an integration and application engineering expert for the development and commercialisation of electric powertrains for commercial vehicles.

USA

|

Mergers, Acquisitions & Disposals

Valvoline acquires Minit Lube

By Jim Gibbins – 1st September 2019

Valvoline Inc has signed a definitive agreement to acquire certain business assets of Minit Lube.

USA

|

Mergers, Acquisitions & Disposals

Iteris completes acquisition of Albeck Gerken

By Jim Gibbins – 1st September 2019

Iteris Inc, a specialist in applied informatics for transportation and agriculture, has completed its acquisition of Albeck Gerken Inc.

Germany

|

Mergers, Acquisitions & Disposals

BAIC Group buys 5% stake in Daimler

By Jim Gibbins – 1st August 2019

Beijing Automotive Group Co Ltd, through a 100-percent subsidiary, Investment Global Co Ltd, in July acquired an equity interest of approximately five per cent in vehicle manufacturing giant, Daimler AG.

Kazakhstan

|

Manufacture

Allur Group assembling JAC buses in Kostanay, Kazakhstan

By Jim Gibbins – 1st August 2019

CKD assembler of JAC-branded cars, Allur Group announced at Busworld Central Asia in Almaty that it was now assembling buses at its headquarters in Kostanay.

Brazil

|

Mergers, Acquisitions & Disposals

Marcopolo takes control of Argentine body builders Metalsur and Metalpar

By Jim Gibbins – 1st August 2019

Marcopolo SA has taken a controlling shareholding in Metalsur Carrocerías S.R.L., a manufacturer of coach bodies, located in Santa Fe, Argentina by increasing its shareholding in Metalsur, from 25%, which it acquired in 2012 to 70%.

USA

|

Mergers, Acquisitions & Disposals

Danfoss moves closer to acquisition of electric drive systems specialist, UQM

By Jim Gibbins – 1st August 2019

Alternative energy technologies, UQM Technologies Inc, has announced the company’s management has been informed by the Committee on Foreign Investment in the United States there is currently no reason why the proposed acquisition of the company by Danfoss Power Solutions Company, should not proceed.

UK

|

Ownership

Retirement sees new owners at Weightlifter Bodies

By Jim Gibbins – 1st August 2019

Tipping trailer and tipper body specialist, Weightlifter Bodies Ltd together with PPG Fabrications Ltd have been acquired by a newly-formed company, Grange Cross Ltd of Hull.

USA

|

Mergers, Acquisitions & Disposals

Cummins to buy fuel cell systems specialist Hydrogenics

By Jim Gibbins – 1st August 2019

Cummins Inc has entered into a definitive agreement to acquire, through a wholly-owned subsidiary, all the issued and outstanding shares of fuel cell systems provider, Hydrogenics Corporation, for approximately USD290m.

Germany

|

Mergers, Acquisitions & Disposals

Continental Tyre Group acquires R&J Strang

By Jim Gibbins – 1st August 2019

Continental Tyre Group Ltd, a wholly owned subsidiary of Continental UK Group Holdings Ltd has acquired R&J Strang Tyre Services Ltd, to strengthen Continental’s overall commercial fleet services offering across the UK and Ireland.

Germany

|

Mergers, Acquisitions & Disposals

Krone reaches agreement to buy Dutch moving floor trailer specialist Knapen

By Jim Gibbins – 1st July 2019

Krone Commercial Vehicle Group has signed an agreement to acquire all the shares of the Dutch moving floor trailer builder, Knapen Group, and includes its subsidiaries Knapen Trailers BV, Knapen Service BV and Trailned BV.

Netherlands

|

Mergers, Acquisitions & Disposals

Hyva merge South African operations with Lift & Shift to enhance market presence in Southern Africa 

By Jim Gibbins – 1st July 2019

The Hyva Group has announced effective June 1, 2019, it merged its Southern African operations, Hyva Southern Africa with independent truck crane dealer, Lift & Shift to form Hyva Southern Africa (Pty) Ltd, which is to be based in Johannesburg.

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  1. Home
  2. World Regions
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  3. CV Segment
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    • Trailer
    • Truck & Van
  4. Driveline
    • Battery Electric
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    • Fuel Cell Electric
    • Gas Combustion
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  5. Technology
    • 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
    • Alternative Fuels
    • Diesel / Bio-Diesel Fuel
    • Electric Charging
    • Hydrogen Fuel
    • Natural Gas Fuel
  7. CV Services
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