Merger • Automotive

Aebi Schmidt Group Acquires Shyft Group

On December 16, 2024, Aebi Schmidt Group acquired automotive company Shyft Group

Acquisition Context

This is Aebi Schmidt Group’s 2nd transaction in the Automotive sector.
This is Aebi Schmidt Group’s 3rd transaction in the United States.
This is Aebi Schmidt Group’s 1st transaction in Michigan.

Explore All 42 Merger Automotive Deals - Search the Database Free

M&A Deal Summary
Date	December 16, 2024
Target	Shyft Group
Sector	Automotive
Buyer(s)	Aebi Schmidt Group
Deal Type	Merger

Target Company

Shyft Group

Novi, Michigan, United States

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.

Explore More Deals

Browse All 215,158 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Aebi Schmidt Group

Frauenfeld, Switzerland

Category	Company
Founded	1883
Sector	Business Services
Employees	3,000
Revenue	1.1B USD (2024)

DESCRIPTION

Aebi Schmidt Group provides product systems and services for the cleaning and maintenance of traffic areas and green spaces. Aebi Schmidt Holding was founded in 1883 and is based in Frauenfeld, Switzerland

Deal Context for Buyer	#
Overall	3 of 3
Sector: Automotive	2 of 2
Type: Merger	1 of 1
State: Michigan	1 of 1
Country: United States	3 of 3
Year: 2024	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-11-17	Monroe Truck Equipment Monroe, Wisconsin, United States Monroe Truck Equipment specializes in the design, manufacture, distribution, and installation/upfitting of specialized truck equipment for the municipal and commercial markets. Monroe Truck Equipment was founded in 1986 and is based in Monroe, Wisconsin.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2021-11-17

Monroe Truck Equipment

Monroe, Wisconsin, United States

Monroe Truck Equipment specializes in the design, manufacture, distribution, and installation/upfitting of specialized truck equipment for the municipal and commercial markets. Monroe Truck Equipment was founded in 1986 and is based in Monroe, Wisconsin.

Buy

Explore Related M&A Activity

Automotive M&A - Merger M&A Deals - Michigan M&A - United States M&A - 2024 M&A