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Cummins Completes Acquisition Of Meritor

PUBLIC · CMIAug 03, 2022

Acquiring Company

Cummins

Acquired Company

Meritor

ColumbusManufacturingManufacturingHealth Care

Description

Global power and technology leader, Cummins Inc. (NYSE: CMI) today announced that it has completed its acquisition of Meritor, Inc., a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets.

Quick answer

Cummins is acquiring Meritor, announced August 3, 2022. Cummins is based in Columbus, Indiana, United States.

How much did Cummins pay for Meritor?
The deal value was not disclosed.
What does Cummins do?
Cummins Inc., a global power solutions leader, comprises five business segments - Engine, Components, Distribution, Power Systems and Accelera by Cummins - supported by its global manufacturing and extensive service and..
Where are Cummins and Meritor based?
Cummins is based in Columbus, Indiana, United States.
Who are the decision-makers at Cummins?
Fundz holds 3 contacts at Cummins. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Cummins

Location

Columbus, Indiana, United States

About

Cummins Inc., a global power solutions leader, comprises five business segments - Engine, Components, Distribution, Power Systems and Accelera by Cummins - supported by its global manufacturing and extensive service and support network, skilled workforce and vast technological expertise. Cummins is committed to its Destination Zero strategy, which is grounded in the company's commitment to sustainability and helping its customers successfully navigate the energy transition with its broad portfolio of products. The products range from advanced diesel, natural gas, electric and hybrid powertrains and powertrain-related components including aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, electrified power systems with innovative components and subsystems, including battery, fuel cell and electric power technologies and hydrogen production technologies.

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Frequently asked

Who acquired Meritor?

Meritor was acquired by Cummins, based in Columbus. The deal was reported on August 3, 2022. Cummins is publicly traded (CMI) and operates in Manufacturing.

When did Cummins acquire Meritor?

Cummins's acquisition of Meritor was reported on August 3, 2022. Global power and technology leader, Cummins Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Meritor do?

Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. It is privately held, operating in Manufacturing.

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

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