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 ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. AxleTech, a Troy-based supplier of commercial vehicles, is ...

Meritor, Inc. (NYSE: MTOR) announced Wednesday that it has entered into an agreement with an affiliate of The Carlyle Group LP (NASDAQ: CG) to acquire AxleTech for about $175 million in cash. The sale ...

AxleTech, which turns 100 years old this year, is reinventing itself with a focus on electrified vehicle solutions. By focusing on a “power-agnostic” between-the-wheels electrification technology, it ...

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 ...

Meritor Inc. announced that it has completed its acquisition of AxleTech from investment firm The Carlyle Group. The transaction is aimed at enhancing Meritor’s platform with the addition of a ...

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 ...

Hendrickson, a Boler company, and AxleTech International, a General Dynamics company, announced today they have received a production award from Navistar Defense, LLC for independent suspension ...

AxleTech's engineers have co-developed a drivetrain for an electric bus with zero-emission bus maker Proterra that is scheduled to go into production in the third or fourth quarter. Petrovich expects ...

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 ...

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 ...

Meritor Inc. announced it entered into an agreement to acquire AxleTech from an affiliate of The Carlyle Group for $175 million to accelerate global sales and growth. AxleTech’s products include ...