# Waev buys GEM and Taylor-Dunn from Polaris

Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout. Terms of the deal are confidential.

- Type: Acquisition
- Announced: 2022-01-13
- Where: Anaheim, California, United States
- Status: completed
- Products: electric vehicles, industrial vehicles
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Polaris](https://endata.com/companies/10473.md) (partner)
- [GEM Group](https://endata.com/companies/11817.md) (target)
- [Waev](https://endata.com/companies/60333.md) (acquirer)
- [Taylor-Dunn](https://endata.com/companies/60334.md) (target)

## Sources

- [forkliftaction.com](https://www.forkliftaction.com/newsletter/archive/1059.htm), 2022-01-13: "Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout."

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