Meritor, Inc. (NYSE: MTOR) announced Wednesday that it has entered into an agreement with an affiliate of The Carlyle Group LP (NASDAQ: CG) to acquire AxleTech for about $175 million in cash. The sale ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. AxleTech, a Troy-based supplier of commercial vehicles, is ...

Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor (NYSE: MTOR) is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay ...

AxleTech, which turns 100 years old this year, is reinventing itself with a focus on electrified vehicle solutions. By focusing on a “power-agnostic” between-the-wheels electrification technology, it ...

Meritor, Inc. has completed its acquisition of AxleTech from global investment firm The Carlyle Group. The previously announced transaction enhances Meritor’s growth platform with the addition of a ...

Meritor Inc. announced that it has completed its acquisition of AxleTech from investment firm The Carlyle Group. The transaction is aimed at enhancing Meritor’s platform with the addition of a ...

AxleTech's engineers have co-developed a drivetrain for an electric bus with zero-emission bus maker Proterra that is scheduled to go into production in the third or fourth quarter. Petrovich expects ...

Meritor, Inc. MTOR is set to acquire AxleTech, a Troy, MI-based company that engages in designing, manufacturing, and selling of drivetrain systems and components for a cash payment of roughly $175 ...

OSHKOSH (WLUK) -- A strike is over at an Oshkosh manufacturer. The employees' union, United Auto Workers Local 291, says it has reached a contract agreement with AxleTech International. The contract ...

TROY, Mich. – Meritor announced today that it is set to acquire AxleTech for approximately $175 million in cash, adjusted for changes in working capital at closing and subject to regulatory approvals ...

Meritor Inc. announced it entered into an agreement to acquire AxleTech from an affiliate of The Carlyle Group for $175 million to accelerate global sales and growth. AxleTech’s products include ...