Allison Transmission Acquires Walker Die Casting and C&R Tool

Allison Transmission Acquires Dana's Off-Highway Business for $2.7B

January 1, 2026

Manufacturing

Allison Transmission Holdings, Inc. completed the acquisition of the Off-Highway Drive & Motion Systems business of Dana Incorporated for $2.7 billion, creating a combined enterprise with expanded product offerings and global reach. The divestiture provides Dana with proceeds to reduce debt and return capital to shareholders while Allison gains scale, new end-market exposure (agriculture, construction, mining) and expected synergies and immediate accretion to earnings.

Allison Transmission Acquires AVTEC's Off-Highway Transmission Portfolio and MEPZ Machining Business

March 31, 2022

Automotive

Allison Transmission has completed the acquisition of AVTEC Ltd.'s off-highway transmission portfolio and the Madras Export Processing Zone (MEPZ) off-highway component machining business for $23 million in cash. The purchase transfers the off-highway transmission assets from India-based AVTEC (part of the CK Birla Group) to Allison, supporting Allison's product and geographic expansion in the off-highway segment and integrating machining operations into Allison's Chennai plant.

Salt Creek Capital Acquires Cotta Transmission Company, LLC

January 19, 2023

Manufacturing

Salt Creek Capital, a San Francisco Bay Area private equity firm, has acquired Cotta Transmission Company, LLC, a Beloit, Wisconsin-based designer and manufacturer of precision gearboxes and transmissions founded in 1906. Salt Creek said the investment will support Cotta's growth opportunities and capitalize on reshoring trends in domestic manufacturing.

Allied Motion Technologies Acquires TCI, LLC (Transcoil)

December 20, 2018

Manufacturing

Allied Motion Technologies Inc. acquired TCI, LLC (doing business as Transcoil), a Germantown, Wisconsin-based designer and manufacturer of power quality and magnetic assembly products. Allied Motion said the deal expands its controlled motion solutions portfolio, enhances manufacturing capabilities and margins, and will help extend TCI's international distribution reach.

Tool Tech Acquires Cameron Tool Corporation

January 30, 2023

Manufacturing

Tool Tech, LLC of Springfield, Ohio has acquired Cameron Tool Corporation, a Lansing, Michigan-based tool and die manufacturer and ESOP company. The transaction brings Cameron Tool's ~80–85 employees and complementary stamping, die building, and machining capabilities into Tool Tech's platform to expand capabilities and serve existing and new customers across automotive, aerospace, and defense markets.

Colfax Creek Capital Acquires Dial Tool Industries

January 6, 2023

Manufacturing

Colfax Creek Capital, in partnership with company management, has acquired Dial Tool Industries from the founding Pagliuzza family. Dial Tool, based in Addison, Illinois, is a full-service manufacturer specializing in metal stampings, injection and insert molding, and assembly; the deal supports founder succession and continuity under new ownership.