M&A Deal Summary

Swanson Industries Acquires TransAxle - Off-Highway Business

On June 26, 2025, Swanson Industries acquired automotive company TransAxle - Off-Highway Business from TransAxle

Acquisition Highlights
  • This is Swanson Industries’ 1st transaction in the Automotive sector.
  • This is Swanson Industries’ 2nd transaction in the United States.
  • This is Swanson Industries’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2025-06-26
Target TransAxle - Off-Highway Business
Sector Automotive
Buyer(s) Swanson Industries
Sellers(s) TransAxle
Deal Type Divestiture

Target

TransAxle - Off-Highway Business

Cinnaminson, New Jersey, United States
TransAxle's Off-Highway Business is a remanufacturer of transmissions, differentials, hydraulics, axles, brake systems, and related components for off-highway applications. TransAxle's Off-Highway Business is based in Cinnaminson, New Jersey.

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Buyer(S) 1

Buyer

Swanson Industries

Morgantown, West Virginia, United States

Category Company
Founded 1964
Sector Metals/Mining
DESCRIPTION

Swanson Industries provoides manufacturing, remanufacturing, repair, and distribution services of mining equipment, hydraulic cylinders, and related industrial equipment across the United States. Swanson Industries was founded in 1964 and headquartered in Morgantown, West Virginia.


DEAL STATS #
Overall 3 of 3
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-21 Waratah Engineering Pty

Argenton, Australia

Waratah Engineering Pty Ltd. operates manufacturing, plating, repair and distribution centers through Australia, Chile and the United States.

Buy -

Seller(S) 1

SELLER

TransAxle

Cinnaminson, New Jersey, United States

Category Company
Founded 1979
Sector Automotive
DESCRIPTION

TransAxle is a remanufacturer of drivetrain related components (transmissions, differentials, hydraulic pumps, and motors) and is an authorized distribution partner of ArvinMeritor, Eaton, Dana, Bendix, and over 100 other OE product lines. Transaxle was founded in 1979 and is based in Cinnaminson, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-06 Remanufacturing assets - FleetPride

St. Paul, Minnesota, United States

Remanufacturing assets - FleetPride, Inc. primary supplier for remanufactured drive components such as transmissions and differentials.

Buy -