Mergers & Acquisitions / Appointments

Mergers and Acquisitions, Appointments

The automotive world is rather vivid and there are a lot of things happening between the companies - certainly there is competitions that drives the industry forward and speeds up product optimization and state-of-the-art innovations. However, this world is also merging companies and is leading to acquisitions, alliances - transmission specialists just need to keep up with this pace to stay well-informed. What is more, new heads and leaders offer new insights and approaches - their minds can truly revolutionize the Automotive industry.



Allison Transmission, a major provider of commercial duty automatic gear shifting solutions, has recently announced the acquisition of one of its long-term suppliers of aluminum transmission castings, plus an affiliated tool and die maker, in a deal estimated at $103 mln.