M&A Deal Summary

Shyft Group Acquires Smeal Fire Apparatus

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2016-12-13
Target Smeal Fire Apparatus
Sector Automotive
Buyer(s) Shyft Group
Deal Type Add-on Acquisition
Deal Value 36M USD

Target

Smeal Fire Apparatus

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(S) 1

Buyer

Shyft Group

Novi, Michigan, United States
Category Company
Founded 1975
Sector Automotive
Employees2,670
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 STATS #
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 -
Mergr

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