Cummins completes acquisition of Siemens' Commercial Vehicles business

Cummins Inc., through its subsidiary Meritor, completed the acquisition of Siemens' Commercial Vehicles business for approximately €190 million. The business supplies high-performance electric drive systems for commercial vehicles and adds nearly 200 employees in Germany, China and the United States.

“Cummins Inc. today announced that it, through its subsidiary Meritor, has completed its acquisition of Siemens’ Commercial Vehicles business.”cummins.com

• 1 source
• cummins.comCummins closes on acquisition of Siemens' Commercial ...Nov 30, 2022

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