American Axle & Manufacturing to Acquire Dowlais in ~$1.44 Billion Cash-and-Stock Deal

Dauch Corporation Completes Acquisition of Dowlais Group plc (GKN Automotive and GKN Powder Metallurgy)

February 3, 2026

Industrial Services

Dauch Corporation has completed its previously announced acquisition of Dowlais Group plc and its subsidiaries, GKN Automotive and GKN Powder Metallurgy. The combined company will operate under a unified Dauch brand and be headquartered in Detroit, Michigan.

Allison Transmission Holdings Completes Acquisition of Dana’s Off-Highway Drive & Motion Systems Business

January 1, 2026

Industrial Services

Allison Transmission Holdings, Inc. (NYSE:ALSN) completed its $2.7 billion acquisition of Dana Incorporated’s Off-Highway business (Off-Highway Drive & Motion Systems). The deal is intended to broaden Allison’s off-highway and industrial powertrain capabilities and create a global platform headquartered in Indianapolis.

ABC Technologies Acquires dlhBOWLES from MPE Partners

March 7, 2022

Manufacturing

ABC Technologies Holdings Inc. completed the acquisition of dlhBOWLES, Inc. from MPE Partners for approximately US$255 million. The deal expands ABC's Fluid Management product portfolio and process automation capabilities, strengthening its position in washer systems, ADAS cleaning solutions and EV thermal management for automotive OEMs.

Aksa Akrilik Kimya Sanayii Acquires Dow’s 50% Stake in DowAksa Joint Venture

June 2, 2025

Manufacturing

Dow has agreed to sell its 50% ownership interest in DowAksa Advanced Composites Holdings BV to Aksa Akrilik Kimya Sanayii A.Ş., the other joint venture partner. The deal is expected to close in the third quarter of 2025, subject to regulatory approvals and other customary closing conditions.

Rulmeca Group Acquires Douglas Manufacturing Company

April 24, 2023

Manufacturing

Rulmeca Holding Spa (Rulmeca Group) has acquired Douglas Manufacturing Company, Inc., effective April 20. The acquisition integrates Douglas into Rulmeca's global materials-handling platform to expand Rulmeca's presence in the United States while giving Douglas access to greater investment, global supply chains, and a broader product portfolio.

Lithia & Driveway Acquires Carousel Motor Group

February 27, 2024

Automotive

Lithia & Driveway (LAD) has purchased Carousel Motor Group, a nine-store dealer group operating premium luxury and domestic franchises in the Minneapolis–St. Paul region, adding an expected $900 million in annualized revenue. The acquisition expands Lithia's footprint in the North Central Region (including its first Ford store in Wisconsin) and was financed using existing on‑balance sheet capacity; the seller is Pohlad Companies (the Pohlad family).