M&A
confidence high
sentiment positive
materiality 0.60
Federal Signal completes Trackless Vehicles acquisition; expects 2023 accretion
FEDERAL SIGNAL CORP /DE/
- Closed acquisition of Trackless Vehicles Limited on April 3, 2023.
- Trackless manufactures multi-purpose municipal sidewalk tractors.
- Acquisition includes Work Equipment Ltd., exclusive dealer in Ontario.
- Deal previously announced on February 23, 2023.
- Company expects the acquisition to be accretive in 2023.