M&A Deal Summary |
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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 | # |
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Overall | 1 of 1 |
Sector (Automotive) | 1 of 1 |
Type (Add-on Acquisition) | 1 of 1 |
State (Illinois) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2020) | 1 of 1 |