Allison Transmission Acquires Walker Die Casting and C&R Tool
September 16, 2019
Allison Transmission acquired Walker Die Casting Inc. (Lewisburg, TN) and C&R Tool and Engineering, Inc. (Muscle Shoals, AL) in September 2019 to bring critical die-casting and tooling capabilities in-house. The purchases strengthen Allison's supply chain and manufacturing capabilities for transmission and powertrain components; the combined deal value was reported at approximately $103 million.
- Targets
- Walker Die Casting Inc., C&R Tool and Engineering, Inc.
- Industry
- Manufacturing
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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