Federal Signal to acquire New Way Trucks for $396 million
PositiveFinancial Markets

Federal Signal has announced its acquisition of New Way Trucks for $396 million, a move that highlights its commitment to expanding its portfolio in the refuse and recycling industry. This acquisition is significant as it not only strengthens Federal Signal's market position but also enhances its ability to provide innovative solutions to its customers. The deal is expected to create synergies that will drive growth and improve operational efficiencies, making it a win-win for both companies.
— Curated by the World Pulse Now AI Editorial System