Aebi Schmidt Group to merge with The Shyft Group, list on NASDAQ

Aebi Schmidt Group and The Shyft Group announced a definitive all-stock merger. Aebi Schmidt shareholders will hold 52% of the combined company, which will list on NASDAQ and maintain headquarters in Frauenfeld, Switzerland.

“This merger will create a world leading specialty vehicle manufacturer and upfitter, with estimated 2024 combined revenue of nearly 2 billion U.S. dollars.”aebi-schmidt.com

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• aebi-schmidt.comAebi Schmidt Group to Merge with the U.S. company The Shyft Group and List in the U.S. on the NASDAQ Stock Market | Aebi Schmidt GroupDec 16, 2024

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