Cummins Completes Acquisition of Meritor
August 3, 2022
Cummins completed its acquisition of Meritor, a global supplier of drivetrain, mobility, braking, aftermarket, and electric powertrain solutions for commercial vehicle and industrial markets. The ~$3.7 billion deal strengthens Cummins’ powertrain components portfolio and supports accelerated development of integrated electrified power solutions.
- Buyers
- Cummins Inc.
- Targets
- Meritor, Inc.
- Industry
- Industrial Services
- Location
- Michigan, United States
- Transaction Type
- Buyout
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