M&A Deal Summary |
|
|---|---|
| Date | 2013-03-01 |
| Target | Daimler Buses Orion Aftermarket Parts |
| Sector | Automotive |
| Buyer(s) | NFI Group |
| Sellers(s) | Daimler Trucks and Buses Holding |
| Deal Type | Divestiture |
| Deal Value | 29M USD |
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NFI Group is a manufacturer of heavy-duty buses in the U.S. and Canada. Offering the broadest line of transit vehicles, Company have secured strong position by providing reliable transportation solutions that meet the needs of today while anticipating the needs of tomorrow. NFI Group was founded in 1895 and is based in Winnipeg, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 6 |
| Sector (Automotive) | 1 of 5 |
| Type (Divestiture) | 1 of 1 |
| Country (Canada) | 1 of 2 |
| Year (2013) | 1 of 2 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-06-21 |
North American Bus Industries
Anniston, Alabama, United States North American Bus Industries produces a comprehensive line of innovative, heavy-duty transit buses from 31’ to 60’ (articulated) at its headquarters in Anniston, Alabama. North American Bus Industries prides itself on its environmentally responsible vehicles with CNG, hybrid-electric and clean diesel propulsion systems. |
Buy | $80M |
Daimler Trucks is the pioneer of truck automation. Its global business includes not only Daimler AG in Germany, but other companies worldwide, including Daimler Trucks North America LLC in the U.S. In 2014, the world’s leading truck manufacturer presented the Mercedes-Benz Future Truck 2025, the world’s first automated truck, and was the first to demonstrate the technological opportunities and great potential that automated trucks offer the economy and society.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-03-29 |
TORC Robotics
Blacksburg, Virginia, United States Torc Robotics offers a complete autonomous software solution for mobility applications including self-driving cars and transit vehicles by working with partners in automotive, transit and technology. Torc also provides self-driving technology in safety-critical applications, including defense, mining, and agriculture. |
Buy | - |
