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Trusted by
Acquiring Company
MaxiPARTS Limited
Acquired Company
Air Brake Systems
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.
Fundz sees it the moment MaxiPARTS Limited makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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