The Shyft Group

The Shyft Group and Aebi Schmidt Group announced a proposed merger on December 16, 2024. The combined company is projected to have 2028 pro forma revenue of $2.7 billion and adjusted EBITDA of $315 million.

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.