# 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.

- Type: Acquisition
- Announced: 2024-12-16
- Where: Frauenfeld, Switzerland, Switzerland
- Status: announced
- Products: specialty vehicles
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Aebi Schmidt Group](https://endata.com/companies/51012.md) (acquirer)
- [The Shyft Group](https://endata.com/companies/81776.md) (target)

## Sources

- [aebi-schmidt.com](https://www.aebi-schmidt.com/en-us/news/2024/12/16/aebi-schmidt-group-to-merge-with-the-u-s-company-the-shyft-group-and-list-in-the-u-s-on-the-nasdaq-stock-market/), 2024-12-16: "This merger will create a world leading specialty vehicle manufacturer and upfitter, with estimated 2024 combined revenue of nearly 2 billion U.S. dollars."

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