Cummins Completes Acquisition of Meritor

Cummins Acquires 50% Stake in Momentum Fuel Technologies from Rush Enterprises

January 18, 2022

Automotive

Cummins Inc. has acquired a 50% equity interest in Momentum Fuel Technologies from Rush Enterprises, creating a joint venture to manufacture Cummins-branded compressed natural gas (CNG) fuel delivery systems for the North American commercial vehicle market. The partnership will combine Momentum's CNG system engineering and manufacturing with Cummins' powertrain expertise and leverage Rush Truck Centers and Cummins distributors for aftermarket support across a combined 250+ locations.

Terex Completes Merger With REV Group

February 6, 2026

Manufacturing

Terex Corporation has completed its merger with REV Group, combining complementary specialty-vehicle and equipment product lines to form a larger specialty equipment manufacturer. The combined company — which will trade on the NYSE as Terex Corporation — expects $75 million of run-rate synergies by 2028 and anticipates lower capital intensity and strong free cash flow.

Cummins Inc. Acquires Jacobs Vehicle Systems from Altra Industrial Motion

April 14, 2022

Manufacturing

Cummins Inc. has completed its acquisition of Jacobs Vehicle Systems (JVS) from Altra Industrial Motion Corp. The purchase adds JVS's engine braking, cylinder deactivation, start/stop and thermal management technologies to Cummins' Components segment, secures USMCA-qualified engine components, and brings roughly 600 employees and manufacturing capacity in Bloomfield, Connecticut and Suzhou, China into Cummins.

Industrial Service Solutions Acquires Electric Motor Technologies, LLC

May 1, 2024

Industrial Services

Industrial Service Solutions (ISS) has acquired full ownership of Electric Motor Technologies, LLC (EMT) effective May 1, 2024. The deal brings EMT's three Cincinnati facilities, leadership, and employees into ISS's national rotating- and process-equipment service platform, expanding ISS's presence and service capabilities in southern Ohio.

BorgWarner Acquires Delphi Technologies

January 28, 2020

Automotive

BorgWarner Inc. agreed to acquire Delphi Technologies PLC in an all‑stock transaction valuing Delphi at an enterprise value of approximately $3.3 billion. The deal strengthens BorgWarner's power electronics and electrified propulsion capabilities and is expected to create a leading pure‑play propulsion company serving OEMs and the aftermarket.

Dorman Products Acquires Dayton Parts for Approximately $338M

August 10, 2021

Automotive

Dorman Products, Inc. completed the acquisition of Dayton Parts for approximately $338 million in cash, financing the deal with cash on hand and borrowings under a new revolving credit facility. The acquisition expands Dorman’s aftermarket product offering and manufacturing capabilities in suspension, steering and brake components and is expected to contribute to Dorman’s 2021 sales and earnings guidance.