M&A Deal Summary

Morgan Acquires Transit Truck Bodies

On March 5, 2024, Morgan acquired automotive company Transit Truck Bodies

Acquisition Highlights
  • This is Morgan’s 2nd transaction in the Automotive sector.
  • This is Morgan’s 2nd transaction in Canada.
  • This is Morgan’s 1st transaction in Quebec.

M&A Deal Summary
Date 2024-03-05
Target Transit Truck Bodies
Sector Automotive
Buyer(s) Morgan
Deal Type Add-on Acquisition

Target

Transit Truck Bodies

Laval, Quebec, Canada
website
Transit Truck Bodies is a manufacturer of truck bodies. Transit's specialized in the creation of a comprehensive range, such as dry freight (Classik & X-Treme) and refrigerated truck bodies (Arctik & Frio) offering durability, innovative technologies, ease of use, and impeccable design. Transit Truck Bodies was founded in 1978 and is based in Laval, Quebec.

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Buyer(S) 1

Buyer

Morgan

Morgantown, Pennsylvania, United States

website

Category Company
Sector Automotive
DESCRIPTION

Morgan Corp is a manufacturer of Class 3 to Class 7 (GVW) box truck/straight truck bodies to serve the dry freight and refrigerated industries. Morgan is based in Morgantown, Pennsylvania.

DEAL STATS #
Overall 2 of 2
Sector (Automotive) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Quebec) 1 of 1
Country (Canada) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-05 Multivans

Bolton, Ontario, Canada

Multivans, Inc. is a commercial truck body manufacturer. Multivans is based in Bolton, Ontario.

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