M&A
confidence high
sentiment positive
materiality 0.60
Federal Signal completes acquisition of Deist Industries truck body and waste systems
FEDERAL SIGNAL CORP /DE/
- Acquisition of substantially all assets of Deist closed on December 30, 2021.
- Deist makes interchangeable truck body systems for class 3-7 vehicles and waste hauling products.
- CEO cites product line extension and expansion in landscaping and waste hauling end-markets.
- Signing was previously announced on November 9, 2021; no financial terms disclosed.