M&A Deal Summary

Allison Acquires AxleTech International Holdings - Electric Vehicle Systems Division

On April 23, 2019, Allison acquired automotive company AxleTech International Holdings - Electric Vehicle Systems Division from AxleTech International Holdings

Acquisition Highlights
  • This is Allison’s 3rd transaction in the Automotive sector.
  • This is Allison’s 2nd transaction in the United States.
  • This is Allison’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2019-04-23
Target AxleTech International Holdings - Electric Vehicle Systems Division
Sector Automotive
Buyer(s) Allison
Sellers(s) AxleTech International Holdings
Deal Type Divestiture

Target

AxleTech International Holdings - Electric Vehicle Systems Division

Oshkosh, Wisconsin, United States
AxleTech International Holdings, Inc. - Electric Vehicle (EV) Systems Division designs, engineers, manufactures, sells and services axles and integrated electrified axle solutions for on- and off-highway heavy-duty commercial vehicles.

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Buyer(S) 1

Buyer

Allison

Indianapolis, Indiana, United States
Category Company
Founded 1915
Sector Automotive
Employees3,700
Revenue 2.8B USD (2022)
DESCRIPTION
Entrance to Allison Transmission's corporate headquarters in Indianapolis, Indiana.
Entrance to Allison Transmission's corporate headquarters in Indianapolis, Indiana.

Allison is a designer and manufacturer of automatic transmissions for the medium and heavy-duty commercial vehicle markets. Allison was incorporated in 1915 and is based in Indianapolis, Indiana.

DEAL STATS #
Overall 3 of 6
Sector (Automotive) 3 of 4
Type (Divestiture) 1 of 2
State (Wisconsin) 1 of 1
Country (United States) 2 of 4
Year (2019) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-23 Vantage Power

London, United Kingdom

Vantage Power is an award-winning London-based technology company specializing in developing electrified and connected technologies for heavy-duty vehicle manufacturers and tier 1 suppliers. With a particular focus on battery packs, control systems, next generation telemetry, and system design and integration expertise, Vantage Power technology have been deployed in a wide range of applications from hybrid repower systems for buses through to grid energy storage systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-09 C&R Tool and Engineering

Muscle Shoals, Alabama, United States

C&R Tool is a North American designer and manufacturer of complex high-pressure die cast molds serving OEMs and Tier I suppliers. Specializing in large, complex multi-slide large cavity part designs, C&R Tool engineers, builds and tests integrated tooling systems primary for automotive and heavy truck powertrain component applications. C&R Tool and Engineering, Inc. was founded in 1956 and is based in Muscle Shoals, Alabama.

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Seller(S) 1

SELLER

AxleTech International Holdings

Oshkosh, Wisconsin, United States
Category Company
Sector Automotive
DESCRIPTION

AxleTech is a manufacturer and supplier of axles, axle components, planetary axles, brakes, and aftermarket parts for commercial specialty trucks, military vehicles, and off-highway machines used in construction, material handling, forestry, mining, and agricultural markets.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Divestiture) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-07 Truck Trailer Transit

Detroit, Michigan, United States

Truck Trailer Transit, Inc. is a manufacturer and marketer of brake systems for heavy-duty vehicles.

Buy -
Mergr

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