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Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor (NYSE: MTOR) is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay ...

AxleTech, a supplier of specialty powertrain solutions, has announced that it is developing a heavy-duty all-electric powertrain system with Thor Trucks. According to the company, AxleTech and Thor ...

AxleTech is reinventing itself with a focus on electrified vehicle solutions. By focusing on a “power-agnostic” between-the-wheels electrification technology, it believes it can provide integrated, in ...

General Dynamics (NYSE: GD) and The Carlyle Group, a private equity firm, have entered into a definitive agreement for General Dynamics to acquire AxleTech International, a global manufacturer and ...

TROY, Mich., Feb. 14, 2018 /PRNewswire/ -- Established in name in 2002, AxleTech International traces its industrial roots back 100 years as the original Rockwell International. Throughout this time, ...

Meritor, Inc. MTOR is set to acquire AxleTech, a Troy, MI-based company that engages in designing, manufacturing, and selling of drivetrain systems and components for a cash payment of roughly $175 ...

AxleTech International — a provider of planetary axles, independent suspensions, transfer cases and brakes — announced Tuesday, Nov. 18, that it has acquired Chicago-based U.S. Gear, a designer and ...

AxleTech’s air disc brake pads are designed for added performance at higher axle ratings and more aggressive duty cycles seen in the on-highway, vocational, transit and coach markets. The pads are ...

Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor MTOR is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay approximately $175 ...

The sale price is adjusted for changes in working capital at closing, Meritor said in a press release. The company intends to finance the acquisition with a combination of cash and debt. The ...

TROY, Mich. – Meritor announced today that it is set to acquire AxleTech for approximately $175 million in cash, adjusted for changes in working capital at closing and subject to regulatory approvals ...