Munich-based braking systems manufacturer Knorr-Bremse AG has announced it has acquired a 5% minority shareholding in Israeli start-up Autobrains Technologies Ltd based in Tel Aviv-Yafo. Autobrains supplies video perception technology and advanced driver assistance systems (ADAS).

Swedish component manufacturer Concentric AB, based in Linköping, has announced the acquisition of Engineered Machined Products Inc. (EMP), a producer of electric and mechanical oil and water pumps, electric fans and thermal management systems based in Syosset, New York. Concentric purchased EMP in cash for approximately USD147 million.

The Texas-based manufacturer of cryogenic equipment for the transportation of liquefied hydrogen will support Plug Power in the development of a hydrogen economy in the U.S. and abroad.

The tipping trailer and tipper body builder was sold to TVS, a builder of specialist commercial vehicles, but will retain its current management.

Grantham-based tipping trailer builder Fruehauf Ltd has been bought out of administration by truck supplier MV Commercial, based in Airdrie, Scotland. Fruehauf had traded under the control of administrators for four weeks, with the completed sale protecting 120 jobs at the company’s 674-acre site in Lincolnshire.

The Indiana-based firm bought by Nelson Global Products supplies exhaust bellows, metal hoses, and other products to commercial vehicle OEMs around the world.

Transmission and propulsion specialist, Allison Transmission Inc, based in Indianapolis, Indiana, USA has signed  of an asset purchase agreement to acquire the transmission portfolio of India-based AVTEC Ltd’s off-highway business and AVTEC’s Madras Export Processing Zone (MEPZ) off-highway component machining business.

MAN UK acquired five dealership locations in the Midlands and North East of England from HRVS Group.

SKF will be able to leverage Rubico Consulting's expertise in collecting and analysing data for R&D, testing, and maintenance purposes.

The German investment firm will take over MAN Truck & Bus Österreich, which will be renamed 'Steyr Automotive GmbH'.

Ideanomics has acquired a 100% ownership stake in the Orem, Utah-based electric vehicle manufacturer, whose product portfolio also includes proprietary software and control systems.

The Dutch specialist truck manufacturer now holds a majority stake in MPM Specialist Vehicles, which distributes special trucks from its Hillsborough headquarters.