- Federal Signal ( NYSE: FSS ) has signed a definitive agreement to acquire substantially all the assets and operations of TowHaul Corp, for cash consideration of $46.1M.
- The purchase price includes the acquisition of TowHaul's manufacturing facility in Belgrade, Montana.
- TowHaul's patented equipment designs, depth of product knowledge, understanding of its customers' specific requirements, and excellent track record have allowed it to establish a leading position in the industry.
- The Co. anticipates completing the transaction during the Q4 2022, and expects the acquisition to be accretive in 2023.
For further details see:
Federal Signal to acquire TowHaul Corp. for $46.1M