Arcimoto Acquires Tilting Motor Works

THOR Industries Acquires Tiffin Motorhomes for $300M

December 18, 2020

Automotive

THOR Industries, Inc. acquired Tiffin Motor Homes, Inc. and related companies (the Tiffin Group) for $300 million, effective December 18, 2020. The Tiffin family and existing senior management will continue to run the business, which will operate as a stand-alone company within THOR's portfolio.

Titomic Acquires Tri-D Dynamics

July 9, 2021

Manufacturing

Titomic Limited's wholly owned subsidiary Titomic USA, Inc completed the acquisition of the business of Tri-D Dynamics Inc on 9 July 2021. The deal brings Tri-D's Silicon Valley design and smart-pipe manufacturing capabilities into Titomic to accelerate commercialisation of digitally embedded metal infrastructure and support Titomic's defence, aerospace and oil & gas initiatives in North America.

Toromont Industries Acquires 60% Stake in AVL Manufacturing Inc.

February 3, 2025

Manufacturing

Toromont Industries Ltd. has acquired a 60% ownership stake in AVL Manufacturing Inc., a Hamilton, Ontario-based designer and fabricator of power generation and energy storage enclosures that serves the data centre market across eastern North America. The purchase was paid in cash and Toromont shares, and Toromont has committed to buying the remaining 40% by agreed dates through 2031 based on performance; the acquisition secures supply for Toromont Power Systems and is not expected to have a material near-term impact on combined results.

Daimler Trucks Acquires Majority Stake in Torc Robotics

March 29, 2019

Automotive

Daimler Trucks (via Daimler Trucks and Buses Holding Inc., a subsidiary of Daimler AG) agreed to acquire a majority stake in Torc Robotics to accelerate commercialization of SAE Level 4 automated trucks. Torc will remain a separate entity in Blacksburg, Virginia, continue developing its Asimov self-driving software and work closely with Daimler's R&D teams in Portland and globally.

Yamaha Motor Acquires Torqeedo from DEUTZ

April 3, 2024

Manufacturing

Yamaha Motor Co., Ltd. has completed the acquisition of Torqeedo, the German maker of electric outboard and inboard boat motors, from DEUTZ AG as part of DEUTZ's portfolio realignment. The deal, reported to generate proceeds in the high double-digit millions of euros for DEUTZ, positions Torqeedo to grow under Yamaha's industrial base and strengthens Yamaha's electric marine propulsion capabilities.

Velocity Truck Centers Acquires Triple-T Truck Centers

January 4, 2022

Automotive

Velocity Truck Centers (part of Velocity Vehicle Group) has acquired Triple-T Truck Centers and its Aftermarket Parts business, expanding VTC's footprint across the Carolinas and the Southeast. The deal brings Triple-T's locations and a New Bern-based parts business into VTC's network as the company grows to 62 locations offering sales, service, parts and financing; owner Tim Matt has sold the business and VTC has committed to retain stewardship of management and employees.