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MaxiPARTS acquires Air Brake Systems for $11.2M

PRIVATEOct 20, 2026

Acquiring Company

MaxiPARTS Limited

Acquired Company

Air Brake Systems

AustraliaSydneyAutomotiveManufacturingAutomotive

Description

MaxiPARTS Limited has completed the acquisition of Air Brake Systems (ABS) for a total value of $11.2 million. Payment is 75 per cent on completion, with 12.5 per cent paid at one and two years after completion, subject to performance criteria. MaxiPARTS said the deal is immediately accretive to its earnings per share and is expected to create synergies across both businesses.

Company Information

Company

MaxiPARTS Limited

Location

Australia

About

MaxiPARTS Limited is an Australian company operating a national network of commercial vehicle parts supply. It is publicly identified by the ticker MXI. The company's Managing Director is Peter Loimaranta.

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Frequently asked

Who acquired Air Brake Systems?

Air Brake Systems was acquired by MaxiPARTS Limited, based in Australia. The deal was reported on October 20, 2026. MaxiPARTS Limited is an Australian company operating a national network of commercial vehicle parts supply. It is publicly identified by the ticker MXI. The company's Managing Director is Peter Loimaranta. MaxiPARTS Limited is privately held and operates in Automotive.

When did MaxiPARTS Limited acquire Air Brake Systems?

MaxiPARTS Limited's acquisition of Air Brake Systems was reported on October 20, 2026. MaxiPARTS Limited has completed the acquisition of Air Brake Systems (ABS) for a total value of $11.2 million. Payment is 75 per cent on completion, with 12.5 per cent paid at one and two years after completion, subject to performance criteria. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Air Brake Systems do?

Air Brake Systems (ABS) was founded in 1991 and employs 20 people. It supplies brake system components for heavy duty trucks, buses and trailers, and is one of Australia's largest suppliers in this segment. It is privately held, operating in Manufacturing, and is based in Sydney.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.