AxleTech

Activity by year

20192020202120222023202420252026

AcquisitionPartnership

May 8, 2019ACQUISITIONTroy, Michigan, United States$175.0M
Meritor to acquire AxleTech from Carlyle Group for $175M
Meritor Inc. announced it entered into an agreement to acquire AxleTech from an affiliate of The Carlyle Group for $175 million. The acquisition is expected to close in Meritor's fiscal fourth quarter of 2019.
Carlyle Group investor Carlyle Group partner Meritor acquirer AxleTech target #Automotive Components fleetmaintenance.com freightwaves.com law360.com
Apr 22, 2019ACQUISITIONUnited States$123.0M
Allison Transmission acquires Vantage Power and AxleTech EV systems division
Allison Transmission Holdings Inc. purchased Vantage Power, a London-based electrified propulsion technology company, and AxleTech's electric vehicle systems division. The acquisitions aim to advance Allison's electrification strategy for commercial vehicles.
Allison Transmission acquirer AxleTech target Vantage Power target AxleTech International target #Automotive Components #Automation and Robotics heavyequipmentguide.ca marklines.com rvbusiness.com
Mar 28, 2019PARTNERSHIP
AxleTech and Agility Fuel Solutions partner on EV powertrain batteries
AxleTech entered a strategic agreement with Agility Fuel Solutions to combine technologies for electric vehicle powertrains for medium- and heavy-duty commercial trucks. Agility will supply high-voltage, liquid-cooled lithium-ion battery packs.
AxleTech Agility Fuel Solutions partner #Automotive Components aftermarketnews.com

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