Meritor To Acquire AxleTech, Enhancing Growth Platform In Off-Highway, Defense And Aftermarket Segments
Meritor will acquire AxleTech for approximately $175 million in cash, adjusted for changes in working capital at closing and subject to regulatory approvals and customary closing conditions.
Allison Transmission Acquires Vantage Power And AxleTech’s Electric Vehicle Systems Division
Vantage Power is an award-winning London-based technology company specializing in developing electrified propulsion and connected vehicle technologies for medium- and heavy-duty vehicle manufacturers and their suppliers.
AxleTech Collaborates With Agility Fuel Solutions For Battery Technology In Commercial Vehicle Electric Powertrains
The parties will combine their respective processes and technologies to deliver highly refined vehicle controls systems for the most advanced electric vehicle (EV) powertrain developed.
AxleTech, Thor Trucks To Develop Heavy-Duty e-Powertrain System
AxleTech and Thor Trucks will integrate AxleTech’s e-axle technology with Thor’s proprietary battery technology to create a fully electric commercial vehicle powertrain.
AxleTech Announces Additions To Executive Leadership Team
One of two appointments, Rick Larkin joins AxleTech as chief financial officer, overseeing accounting, treasury, tax and strategic financial planning and reporting.
AxleTech Changes Name To Reflect Tech Focus
AxleTech International traces its industrial roots back 100 years as the original Rockwell International. Now, it has rebranded as AxleTech.
AxleTech International Expands Product Line With Fersa Bearings
As part of this new product offering, the company is launching its 145 Series carrier service kits and wheel end bearings from Fersa Bearings.
AxleTech International Launches On-Highway Brake Shoe Kits
The brake shoe kits, packaged in a single box, include complete components and hardware required to install brakes on on-highway trucks.
AxleTech International Launches Redesigned OffHighwayPlus.com Website
AxleTech says the new Off Highway Plus website aims to create a better user experience by providing customers with a simplified interface, an improved search engine and expanded accessibility.
The Carlyle Group Acquires AxleTech International
WASHINGTON, D.C. – Global alternative asset manager The Carlyle Group has acquired AxleTech International, a global engineering and manufacturing company for off-highway and specialty vehicle drivetrain systems and components. The company, headquartered in Troy, Mich., was acquired from General Dynamics Corp. Terms of the transaction, which closed yesterday, were not disclosed. Carlyle previously owned the