ATC Drivetrain Acquires H.L. Smith Transmissions Ltd

ATC Drivetrain Acquires Mack GmbH

May 1, 2023

Automotive

ATC Drivetrain, a global independent remanufacturer based in Farmington Hills, Michigan, has acquired Mack GmbH, a remanufacturing company based in Waldenburg, Germany. The acquisition expands ATC's footprint into continental Europe and strengthens its sustainable remanufacturing capabilities for powertrain and drivetrain components across ICE, hybrid and electric vehicle technologies.

ATC Drivetrain Acquires Treharne Automotive Engineering

April 12, 2022

Automotive

ATC Drivetrain has acquired UK-based Treharne Automotive Engineering to expand its electrification and EV battery lifecycle management capabilities. Treharne brings expertise in second-life battery applications, recycling, and diagnostic/test equipment to complement ATC’s global remanufacturing offerings.

Hill & Smith Acquires ATG Access from LDC for £22.5m

February 22, 2019

Manufacturing

Hill & Smith Holdings PLC has acquired ATG Access from private equity investor LDC in a deal valuing ATG at £22.5 million. ATG Access, a Haydock-based designer and manufacturer of high-security vehicle barrier systems, will expand Hill & Smith’s Roads & Security capabilities and support the Group’s UK and international growth in hostile vehicle mitigation and related infrastructure markets.

ATC Drivetrain Acquires Global Battery Solutions

May 18, 2022

Automotive

ATC Drivetrain has acquired Global Battery Solutions (GBS), a Holland, Michigan-based provider of battery life-cycle management and EV component services. The acquisition expands ATC's capabilities in energy storage systems, second-life battery solutions and vehicle electrification services to better serve OEMs and aftermarket customers.

Swanson Industries Acquires TransAxle's Off-Highway Business

June 26, 2025

Industrial Services

Swanson Industries, a portfolio company of Turnspire Capital Partners, has acquired the Off-Highway Business of TransAxle Holdings, LLC. The acquired business — a U.S.-based remanufacturer of transmissions, differentials, hydraulics, axles and brake systems with locations in Pennsauken, New Jersey and Garner, North Carolina — will be rebranded as the Swanson Off-Highway division to expand Swanson's capabilities and service capacity in core end markets such as mining, construction and aerospace.

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.