Cummins Acquires 50% Stake in Momentum Fuel Technologies from Rush Enterprises

Cummins Completes Acquisition of Meritor

August 3, 2022

Automotive

Cummins Inc. has completed its acquisition of Meritor, Inc. for approximately $3.7 billion (including assumed debt and net of acquired cash). The deal strengthens Cummins' components and ePowertrain capabilities, accelerating development of electrified powertrain solutions and is expected to be immediately accretive with roughly $130 million of annual pre-tax run-rate synergies by year three.

Cummins Inc. Acquires Jacobs Vehicle Systems from Altra Industrial Motion

April 14, 2022

Manufacturing

Cummins Inc. has completed its acquisition of Jacobs Vehicle Systems (JVS) from Altra Industrial Motion Corp. The purchase adds JVS's engine braking, cylinder deactivation, start/stop and thermal management technologies to Cummins' Components segment, secures USMCA-qualified engine components, and brings roughly 600 employees and manufacturing capacity in Bloomfield, Connecticut and Suzhou, China into Cummins.

Chevron Acquires Equity Interest in American Natural Gas LLC (Beyond6) from Mercuria

October 1, 2021

Energy

Chevron U.S.A. Inc. closed its previously announced acquisition of an equity interest in American Natural Gas LLC (operator of the Beyond6 CNG fueling network), acquiring a network of about 60 compressed natural gas stations across the United States from Mercuria Energy Trading. The deal expands Chevron's alternative-fuels footprint and supports its strategy to grow lower-carbon and renewable natural gas distribution capabilities.

PMG Acquires Momentum Commerce

June 11, 2025

Marketing & Advertising

PMG, a global independent marketing services and technology company, has acquired Momentum Commerce, a retail media and marketplace intelligence firm, and will fully integrate Momentum into the PMG brand. The deal adds Momentum’s 45-person team and its Velocity platform—tracking millions of products and brands—strengthening PMG’s commerce capability to help enterprise brands drive growth across retail and marketplace channels.

Freedom CNG Acquires X3 CNG and Lancer Energy

May 25, 2025

Renewable Energy

Houston-based Freedom CNG has acquired Colorado operator X3 CNG and Utah-based Lancer Energy to expand its compressed renewable natural gas (C/RNG) and multi-fuel fueling footprint across the Western United States. The deals add X3 CNG's public-access CNG network (including major sites in Colorado Springs and Greeley) and Lancer Energy's expertise in building and maintaining CNG, RNG, EV and hydrogen fueling infrastructure.

Mansfield Energy Acquires Fuel Distribution Assets of Lube‑Tech

July 9, 2020

Logistics & Distribution

Mansfield Energy Corp acquired the fuel transportation assets of Lubrication Technologies (Lube‑Tech), including tankwagon and transport fleet operations and bulk storage facilities. The acquisition expands Mansfield's fuel supply and delivery footprint in the Midwest and enables enhanced logistics and reporting through its FuelNet portal while Lube‑Tech continues to provide fluids, lubricants and related services.