Ground Force to acquire TowHaul Corporation

Ground Force Worldwide, a subsidiary of Federal Signal Corporation, signed a definitive agreement to acquire substantially all assets and operations of TowHaul Corporation, a designer and manufacturer of heavy-duty off-road specialty metal extraction support equipment. The acquisition is expected to combine the two brands under the Ground Force portfolio.

“It is an honor and a privilege to have the opportunity to combine two world-class brands, TowHaul and Ground Force, leverage their unique strengths and capabilities and deliver a comprehensive suite of products and services to our shared customers.”gfworldwide.com

• 2 sources
• gfworldwide.comGround Force, a subsidiary of Federal Signal Corporation, Executes Agreement to Acquire TowHaul Corporation - Ground Force WorldwideGFmarketingSep 7, 2022
• im-mining.comGround Force acquires metal extraction support equipment company TowHaul - International MiningDaniel GleesonSep 8, 2022

Summarized from public sources; check the original articles before acting on it.