M&A Deal Summary

Cummins Acquires Cummins Diesel Sales & Service

On January 1, 2001, Cummins acquired distribution company Cummins Diesel Sales & Service from Ethos Private Equity

Acquisition Highlights
  • This is Cummins’ 1st transaction in the Distribution sector.
  • This is Cummins’ 1st transaction in South Africa.

M&A Deal Summary

Date 2001-01-01
Target Cummins Diesel Sales & Service
Sector Distribution
Buyer(s) Cummins
Sellers(s) Ethos Private Equity
Deal Type Add-on Acquisition

Target

Cummins Diesel Sales & Service

Freestate, South Africa
Cummins Diesel Sales & Service is a distributor of Cummins Engine parts and services in South Africa.

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Buyer(S) 1

Buyer

Cummins

Columbus, Indiana, United States

Category Company
Founded 1919
Sector Machinery
Employees69,600
Revenue 34.1B USD (2024)
DESCRIPTION

Cummins designs, manufactures, distributes and services engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Cummins was founded in 1919 and is based in Columbus, Indiana.


DEAL STATS #
Overall 2 of 11
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 6
Country: South Africa M&A 1 of 1
Year: 2001 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1986-01-01 Kuss Filtration

Bloomer, Washington, United States

Kuss Filtration, Inc. is a provider of light duty automotive and industrial filtration solutions serving original equipment manufacturer customers in the automotive, industrial equipment, materials handling, lawn and garden, agricultural and motorcycle industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-02 Kuss Filtration

Bloomer, Washington, United States

Kuss Filtration, Inc. is a provider of light duty automotive and industrial filtration solutions serving original equipment manufacturer customers in the automotive, industrial equipment, materials handling, lawn and garden, agricultural and motorcycle industries.

Sell -

Seller(S) 1

SELLER

Ethos Private Equity

Illovo, South Africa

Category Private Equity Firm
Founded 1984
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Ethos Private Equity is a private equity investor that targets opportunities in South Africa. Ethos looks for stable businesses valued between $15 and $100 million US. Target transactions include divestitures of non-core assets, sector consolidations, development of family owned businesses, growth financings, and turnarounds. Ethos was formed in 1984 and is based in Johannesburg, South Africa.


DEAL STATS #
Overall 3 of 25
Sector: Distribution M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 13
Country: South Africa M&A 3 of 22
Year: 2001 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 Prowalco Pty

Johannesburg, South Africa

Prowalco was into the business of Import & distribution of diesel engines and fuel pumps. Prowalco exited the Cummins Diesel business by international trade sale to Cummins Incorporated

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-03-01 OZZ Industrial

Johannesburg, South Africa

Mining and aggregate machinery wear parts manufacturer and exporter.

Buy -