US EditionAllison Transmission Announces Acquisition of Dana's Off-Highway Business, Strengthening Its Global Powertrain Capabilities
- Allison Transmission Holdings plans to acquire Dana Inc.'s off-highway business for $2.7 billion.
- Dana's off-highway business provides drive and motion systems for heavy-duty vehicles used in agriculture, construction, mining, and forestry applications.
- Allison Transmission stated that the acquisition aligns with its strategic priorities to expand its emerging markets footprint and enhance core technologies.
- The acquisition is expected to close late in the fourth quarter of 2025, pending regulatory approvals.
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46 Articles
The Berkshire Eagle
Dana Incorporated Announces Agreement to Sell Off-Highway Business for $2.7 Billion; $1 Billion Capital Return Authorization
Price represents 7x the expected 2025 adjusted EBITDA of the Off-Highway business Strengthens balance sheet through substantial debt reductionPositions Dana with a streamlined go-to-market approach dedicated to on-highway light- and commercial-vehicle customersAnnouncing a new $1 billion capital return authorization through…
Allison Transmission Announces Acquisition of Dana’s Off-Highway Business - Auto Components India
Allison Transmission Holdings has entered into a definitive agreement to acquire the Off-Highway business of Dana Incorporated, a provider of drivetrain and propulsion solutions, for approximately USD 2.7 billion. Upon completion of the transaction, Allison will be able to offer a wider range of commercial-duty powertrain and industrial solutions to more customers and end users worldwide. “This acquisition marks a transformative milestone in our…
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