M&A Deal Summary

TRATON SE Acquires Navistar International

On November 7, 2020, TRATON SE acquired automotive company Navistar International

Acquisition Highlights
  • This is TRATON SE’s 1st transaction in the Automotive sector.
  • This is TRATON SE’s 1st transaction in the United States.
  • This is TRATON SE’s 1st transaction in Illinois.

M&A Deal Summary
Date 2020-11-07
Target Navistar International
Sector Automotive
Buyer(s) TRATON SE
Deal Type Add-on Acquisition

Target

Navistar International

Lisle, Illinois, United States
website
Navistar's corporate headquarters in Lisle, Illinois.
Navistar's corporate headquarters in Lisle, Illinois.
Navistar is a manufacturer of commercial trucks, diesel engines and parts, school and commercial buses, and automotive chassis. Navistar was formerly known as International Harvester. Navistar was founded in 1902 and is based in Lisle, Illinois.

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Buyer(S) 1

Buyer

TRATON SE

Munich, Germany

website

Category Company
Sector Automotive
DESCRIPTION

TRATON SE is a commercial vehicle manufacturer worldwide with its brand's MAN, Scania, Volkswagen Caminhões e Ônibus, and RIO. In 2019, TRATON’s brands sold around 242,000 vehicles in total. Its offering comprises light-duty commercial vehicles, trucks, and buses at 29 production and assembly sites in 17 countries. The Company had a workforce of around 82,700 employees worldwide across its commercial vehicle brands as of December 31, 2019. It seeks to transform the transportation system through its products, its services, and as a partner for its customers. TRATON is based in Munich, Germany.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
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