# Allison Transmission acquires Vantage Power

Allison Transmission Holdings Inc. acquired 100% of the stock of Vantage Power Ltd. for $9 million, with potential additional payments of up to $8 million over three years. The deal closed on April 12, 2019.

- Type: Acquisition
- Announced: 2019-04-22
- Where: London, United Kingdom, United Kingdom
- Value: $9.00M
- Status: completed
- Products: hybrid and electric propulsion systems, battery systems, powertrain control systems, telemetry data systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Allison Transmission](https://endata.com/companies/15167.md) (acquirer)
- [Vantage Power](https://endata.com/companies/38901.md) (target)

## Sources

- [rvbusiness.com](https://rvbusiness.com/allison-acquires-2-firms-reports-1q-profit-growth/), 2019-04-24: "Allison also paid $9 million to acquire 100% of the stock of Vantage Power in a deal that closed April 12."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
