M&A Deal Summary

PACCAR Acquires DAF Trucks N.V.

On November 15, 1996, PACCAR acquired automotive company DAF Trucks N.V. for 543M USD

Acquisition Highlights
  • This is PACCAR’s 1st transaction in the Automotive sector.
  • This is PACCAR’s largest (disclosed) transaction.
  • This is PACCAR’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 1996-11-15
Target DAF Trucks N.V.
Sector Automotive
Buyer(s) PACCAR
Deal Type Add-on Acquisition
Deal Value 543M USD

Target

DAF Trucks N.V.

Noord-Brabant, Netherlands
website
DAF Trucks N.V. is a wholly owned subsidiary of the North-American corporation PACCAR Inc. DAF Trucks’ core activities are focused on the development, production, marketing and sale of medium and heavy-duty commercial vehicles.

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Buyer(S) 1

Buyer

PACCAR

Bellevue, Washington, United States

website


Category Company
Founded 1905
Sector Automotive
Employees26,000
Revenue 28.8B USD (2022)
DESCRIPTION

PACCAR designs, manufactures and distributes light, medium, and heavy-duty commercial trucks and associated aftermarket parts. Light and medium-duty trucks have a gross vehicle weight ranging from 16,000 to 33,000 lbs in North America and 6 to 16 metric tonnes in Europe. Heavy duty trucks have a gross vehicle weight of over 33,000 lbs in North America and over 16 metric tonnes in Europe. PACCAR’s trucks are marketed under the Kenworth, Peterbilt and DAF nameplates. These trucks, which are built in three plants in the United States, three in Europe and one each in Australia, Canada, Mexico and Brasil, are used worldwide for over-the-road and off-highway hauling of freight, petroleum, wood products, construction and other materials. PACCAR was founded in 1905 and is based in Bellevue, Washington.


DEAL STATS #
Overall 1 of 2
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Netherlands) 1 of 1
Year (1996) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-04 Truck Center Hauser

Dieburg, Germany

Truck Center Hauser GmbH (TCH) is an independent truck rental and leasing company in Germany. TCH is headquartered in Dieburg, near Frankfurt, and has ten operating locations strategically located throughout Germany. TCH has a fleet of 1,200 trucks and 1,800 trailers servicing approximately 3,000 customers and has an outstanding reputation throughout Germany for providing industry leading products and services to its growing base of customers.

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