Meritor completes acquisition of AxleTech

Meritor completes acquisition of AxleTech

Meritor, Inc. has successfully completed its acquisition of AxleTech from global investment firm The Carlyle Group.

Meritor-AxleTech-Logos

Meritor, Inc. has successfully completed its acquisition of AxleTech from global investment firm The Carlyle Group, the company announced.

Meritor says the transaction enhances its growth platform with the addition of a complementary product portfolio, including a full line of independent suspensions, axles, braking solutions and drivetrain components. AxleTech will operate within Meritor’s aftermarket, industrial and trailer segment.

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