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Federal Signal Completes Acquisition Of Towhaul Corporation

PUBLIC · FSSOct 03, 2022

Acquiring Company

Federal Signal Corporation

Acquired Company

TowHaul

Oak BrookManufacturingFood and BeverageGovernment And MilitaryFood And Beverage

Description

Federal Signal Corporation (NYSE: FSS) (the "Company"), a leader in environmental and safety solutions, today announced that it has completed the acquisition of substantially all the assets and operations of TowHaul Corporation ("TowHaul"), a leading manufacturer of off-road towing and hauling equipment, for a purchase price of $46.1 million, subject to post-closing adjustments. The signing of the purchase agreement was previously announced on September 7, 2022.

Quick answer

Federal Signal Corporation is acquiring TowHaul, announced October 3, 2022. Federal Signal Corporation is based in Oak Brook, Illinois, United States.

How much did Federal Signal Corporation pay for TowHaul?
The deal value was not disclosed.
What does Federal Signal Corporation do?
Federal Signal Corporation is a leader in environmental and safety solutions, offering equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities.
Where are Federal Signal Corporation and TowHaul based?
Federal Signal Corporation is based in Oak Brook, Illinois, United States.
Who are the decision-makers at Federal Signal Corporation?
Fundz holds 5 contacts at Federal Signal Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Federal Signal Corporation

Location

Oak Brook, Illinois, United States

About

Federal Signal Corporation is a leader in environmental and safety solutions, offering equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities. Founded in 1901, Federal Signal is a leading global designer, manufacturer, and supplier of products and total solutions that serve municipal, governmental, industrial, and commercial customers.

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Frequently asked

Who acquired TowHaul?

TowHaul was acquired by Federal Signal Corporation, based in Oak Brook. The deal was reported on October 3, 2022. Federal Signal Corporation is a leader in environmental and safety solutions, offering equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities. Federal Signal Corporation is publicly traded (FSS) and operates in Manufacturing.

When did Federal Signal Corporation acquire TowHaul?

Federal Signal Corporation's acquisition of TowHaul was reported on October 3, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TowHaul do?

Since 1977, TowHaul has been designing and manufacturing the most reliable, efficient, and adaptable off-road hauling equipment in the mineral extraction industry. It is privately held.

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