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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 is reinventing itself with a focus on electrified vehicle solutions. By focusing on a “power-agnostic” between-the-wheels electrification technology, it believes it can provide integrated, in ...

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 ...

AxleTech International has rebranded as AxleTech to emphasize the “tech” in its name. AxleTech International has rebranded as simply AxleTech with the aim of emphasizing the “tech” in its name, ...

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 ...

General Dynamics (NYSE: GD) and The Carlyle Group, a private equity firm, have entered into a definitive agreement for General Dynamics to acquire AxleTech International, a global manufacturer and ...

SAINT ETIENNE, France — AxleTech International was created in December 2002 through Wynnchurch Capital’s acquisition of the off-highway and specialty vehicle business of ArvinMeritor, and are now ...

AxleTech’s air disc brake pads are designed for added performance at higher axle ratings and more aggressive duty cycles seen in the on-highway, vocational, transit and coach markets. The pads are ...

Meritor, Inc. has entered into an agreement with an affiliate of The Carlyle Group, a global investment firm, under which Meritor will acquire AxleTech for approximately $175 million in cash, adjusted ...

The sale price is adjusted for changes in working capital at closing, Meritor said in a press release. The company intends to finance the acquisition with a combination of cash and debt. The ...