NYSE:ALSNMachinery
Allison Transmission Expands Off Highway Reach With Dana Deal And Valuation Gap
Allison Transmission Holdings (NYSE:ALSN) has completed its acquisition of Dana Incorporated’s Off-Highway Drive & Motion Systems business.
The deal adds operations across 29 countries, significantly widening Allison’s international footprint.
The transaction reshapes Allison’s presence in off highway drivetrain and motion solutions markets.
Allison Transmission, known for its fully automatic transmissions for commercial and defense vehicles, is now expanding further into off highway...