We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Three Firms Steer Meritor's $175M Auto Parts Maker Buy

Law360 (May 8, 2019, 1:29 PM EDT) -- Meritor said Wednesday it has agreed to buy AxleTech from the Carlyle Group in a roughly $175 million deal guided by three firms, as the auto parts maker looks to ratchet up its aftermarket, industrial and trailer segment.

Meritor Inc. said its purchase of Michigan-based AxleTech from the Carlyle Group will aid its goal of increasing sales and growth by adding AxleTech’s portfolio of off-highway, defense and other products. AxleTech engineers, designs, manufactures, sells and services powertrain solutions for on- and off-highway heavy-duty commercial vehicles.

“Meritor’s technical expertise, operational excellence and proven track record will be a powerful platform to accelerate...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS