Federal Signal to acquire Mega Corp. for $45.5M; expands metal extraction support equipment vertical

FEDERAL SIGNAL CORP /DE/

Purchase price of $45.5 million in cash, subject to post-closing adjustments, includes Mega's manufacturing facility in Albuquerque, NM.
Mega generated approximately $40 million in net sales for the year ended December 31, 2024, with aftermarket parts representing about 30%.
Acquisition expected to close in Q1 2026, subject to customary conditions; accretive to earnings and cash flow in 2026.
Mega employs roughly 95 people; its products serve global metal extraction and construction markets.
Strategic fit with Federal Signal's existing Ground Force and TowHaul businesses within specialty vehicle platform.

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