Allison Transmission gets Dana’s off-highway drive, motion systems arm

In a move that it said will boost its global footprint and give it operations in 29 countries, Allison Transmission Holdings said it has wrapped up its acquisition of the off-highway drive and motion systems business division in a US$2.7 billion deal. Allison’s takeover of the drivetrain and propulsion solutions provider, it said, will accelerate its growth and add breadth…

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