Add-on Acquisition • Automotive

Shyft Group Acquires Smeal Fire Apparatus Co.

On December 13, 2016, Shyft Group acquired automotive company Smeal Fire Apparatus Co. for 36M USD

Acquisition Context
  • This is Shyft Group’s 3rd transaction in the Automotive sector.
  • This is Shyft Group’s 2nd largest (disclosed) transaction.
  • This is Shyft Group’s 3rd transaction in the United States.
  • This is Shyft Group’s 1st transaction in Nebraska.

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M&A Deal Summary

Date December 13, 2016
Target Smeal Fire Apparatus Co.
Sector Automotive
Buyer(s) Shyft Group
Deal Type Add-on Acquisition
Deal Value 36M USD

Target Company

Smeal Fire Apparatus Co.

Snyder, Nebraska, United States
Smeal Fire Apparatus Co. is an innovator and manufacturer of fire apparatus in North America. It offers a full line of aerial ladders and platforms (including Squrt®, TeleSqurt®, and Snorkel®), tractor-drawn aerials (TDAs), pumpers, stainless steel tankers and wildland urban interface vehicles (WUI).
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Buyer Overview 1

Buyer

Shyft Group

Novi, Michigan, United States

Category Company
Founded 1975
Sector Automotive
Revenue 872M USD (2023)
DESCRIPTION

Shyft Group is a designer, and manufacturer of specialty chassis, specialty vehicles, truck bodies and aftermarket parts for the recreational vehicle (RV), emergency response (ER), government services, defense, and delivery and service markets. Shyft Group was founded in 1975 and is based in Novi, Michigan.


Deal Context for Buyer #
Overall 3 of 8
Sector: Automotive 3 of 8
Type: Add-on Acquisition 2 of 7
State: Nebraska 1 of 1
Country: United States 3 of 8
Year: 2016 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-01 Classic Fire

Ocala, Florida, United States

Classic Fire LLC is a manufacturer of fire apparatus that is known for performance, durability and value.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-17 Strobes-R-Us

Pompano Beach, Florida, United States

Strobes-R-Us, Inc. is a provider of upfit services for government and non-government vehicles. Strobes-R-Us is based in Pompano Beach, Florida.

Buy -