M&A
confidence high
sentiment positive
materiality 0.75
Federal Signal completes $45M acquisition of Ground Force Worldwide
FEDERAL SIGNAL CORP /DE/
- Acquisition of specialty material handling vehicles manufacturer Ground Force closed on Oct 4, 2021.
- Cash consideration of $45 million, subject to post-closing adjustments.
- Deal was originally announced on September 8, 2021.
- Expected to strengthen position in specialized vehicles and benefit from industrial activity and electrification tailwinds.