Allison Transmission acquires AVTEC’s Off-HTP,CMBs

Allison Transmission recently announced that it has accomplished the acquisition of India-based AVTEC Ltd.’s off-highway transmission portfolio (HTP) and AVTEC’s Madras Export Processing Zone (MEPZ) off-highway component machining business (CMB). The deal, which was first announced on September 16, 2021, has officially closed as of March 30th, 2022. Todd Bradford, VP, Strategy, Business, and Corporate […]