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.

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.

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.

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.

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.

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.

Specialty chassis and full truck manufacturer, Spartan Motors Inc, has purchased the assets of General Truck Body and will begin operating a production facility located in Montebello, California.

Following the acquisition of the entire shareholding in Behr Hella Service by Stuttgart-based Mahle Aftermarket, all existing activities of BHS are to be transferred to Mahle on January 1, 2020.

NFI Group Inc - North America’s largest and most diversified bus and coach manufacturer - has acquired Britain’s largest bus and coach builder, Alexander Dennis Ltd, for GBP320m; this represents an implied purchase multiple of 7.3 x ADL’s fiscal year 2018 adjusted earnings before interest, taxation, depreciation and amortisation and on a cash-free, debt-free basis, subject to certain adjustments. 

EDL Rethschulte GmbH, an engineering services provider and part of FEV Group, has acquired the business and all commercial property rights of REALEYES Technology.

Parker Hannifin Corporation, a specialist in motion and control technologies, has entered into a definitive agreement to acquire global conglomerate, Lord Corporation, for approximately USD3.675bn in cash.

Articulation systems specialist, Hübner GmbH & Co KG has added to its product portfolio for the bus and rail industries with the acquisition of Gummi-Welz GmbH und Co KG, a producer of rubber sealing, insulation and isolation materials and glass-fibre reinforced plastic products for the transportation industry.