AutomotiveCompany
The Shyft Group M&A Summary
The Shyft Group has acquired 7 companies, including 3 in the last 5 years. It has also divested 2 assets.
The Shyft Group’s largest acquisition to date was in 2009, when it acquired Utilimaster for $50M. It’s largest disclosed sale occurred in 2020, when it sold Spartan Motors - Emergency Response Unit to REV Group for $55M. The Shyft Group has acquired in 6 different US states. The Company’s most targeted sectors include automotive (100%).
The Shyft Group Business Overview
Where is The Shyft Group headquartered?
The Shyft Group is headquartered in Novi, Michigan.
What is The Shyft Group’s revenue?
The Shyft Group disclosed revenue of 1,027M USD for 2022 and 992M USD for 2021.
How many employees does The Shyft Group have?
The Shyft Group has 2,200 employees.
What sector is The Shyft Group in?
The Shyft Group is an automotive company.
When was The Shyft Group founded?
The Shyft Group was founded in 1975.
M&A Summary
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M&A Total Activity9
- M&A Buy Activity7
- M&A Sell Activity2
- Total Sectors Invested 1
- Total Countries Invested 1
- M&A Buy/Sell Connections 1