Allison Transmission has acquired Dana Incorporated's Off-Highway Drive & Motion Systems business for $2.7 billion, aiming to enhance its product offerings and market reach in the high-performance mobility sector.

Information on the Target

Allison Transmission Holdings, Inc. (NYSE: ALSN) is a premier global leader in high-performance mobility solutions tailored to the evolving demands of the modern industrial landscape. With a rich history spanning over 110 years, Allison has established itself as a trusted partner within essential industries such as infrastructure, energy, agriculture, construction, and national security. The recent acquisition of Dana Incorporated's Off-Highway Drive & Motion Systems business for approximately $2.7 billion marks a significant enhancement of Allison's product offerings.

This strategic move not only expands the range of high-quality solutions available to Allison's customers but also creates a combined entity with projected revenues of $5.5 billion, operating across 29 countries. The integration of Dana's industry-leading technologies is expected to accelerate Allison’s growth trajectory and strengthen its position as a global provider in commercial duty mobility and work solutions.

Industry Overview in the Target’s Specific Country

The mobility and work solutions industry in the United States is currently experiencing a significant transformation, driven by the integration of advanced technologies and a heightened focus on performance effici