M&A Deal Summary |
|
|---|---|
| Date | 2020-11-07 |
| Target | Navistar International |
| Sector | Automotive |
| Buyer(s) | TRATON SE |
| Deal Type | Add-on Acquisition |
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TRATON SE is a commercial vehicle manufacturer worldwide with its brand's MAN, Scania, Volkswagen Caminhões e Ônibus, and RIO. In 2019, TRATON’s brands sold around 242,000 vehicles in total. Its offering comprises light-duty commercial vehicles, trucks, and buses at 29 production and assembly sites in 17 countries. The Company had a workforce of around 82,700 employees worldwide across its commercial vehicle brands as of December 31, 2019. It seeks to transform the transportation system through its products, its services, and as a partner for its customers. TRATON is based in Munich, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Illinois M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2020 M&A | 1 of 1 |
