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Newsby StaffJune 21, 2013

New Flyer acquires NABI for $80M

The transaction presents a number of opportunities for New Flyer, including an enhanced transit bus product offering with the addition of NABI’s Low Floor and BRT product platforms, and an expanded parts business with improved offering and customer support.

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Newsby StaffJune 13, 2013

Anchor Tours purchases Brantley Charter

With the acquisition, will now have four offices, with the other two located in Paducah, Ky. and Tuscumbia, Ala.

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Newsby StaffMay 15, 2013

Siemens acquires Invensys Rail

Invensys will be integrated into the rail automation business of the Mobility and Logistics Division. Former Invensys Rail President and CEO John Paljug will become head of Siemens U.S. Rail Automation business, headquartered in New York, N.Y. More than 500 Invensys employees will be joining Siemens Rail Automation.

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Newsby StaffMarch 7, 2013

New Flyer acquires Orion aftermarket parts business

The purchase was funded by using proceeds from the recently announced equity investment by Marcopolo S.A., one of the world’s leading global bus manufacturers, which made the first tranche of its investment in New Flyer, totaling approximately $51 million, in February.

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Newsby StaffFebruary 13, 2013

ClearEdge Power acquires UTC Power

UTC Power, formerly a subsidiary of United Technologies Corp., has long been considered a leader in fuel cell systems with decades of experience.

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Newsby StaffJanuary 28, 2013

Trapeze acquires Mentor Engineering

Provides fleet management hardware and mobile workforce management solutions primarily to the demand response passenger transport and taxi markets.

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Newsby StaffJanuary 24, 2013

Cubic acquires NextBus

The acquisition broadens Cubic's portfolio of transportation solutions. NextBus' customers include the major metro systems in Los Angeles, Toronto, San Francisco, Washington, D.C. and Boston, as well as many well-known small and mid-sized transit agencies, universities and colleges.

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Newsby StaffJanuary 9, 2013

Thor purchases Federal Coach assets

Company produces a full line of shuttle, executive and limousine buses ranging in capacity from 12 to 44 passengers, with annual sales of approximately $25 million.

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Newsby StaffOctober 9, 2012

STV acquires Calif. architecture firm

Founded in 1958, VBN serves education, transportation, government and commercial clients, and has extensive experience in the design of transit facilities. The firm is also a registered green business.

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Newsby StaffSeptember 13, 2012

Transportation Mgmt Svcs. acquires Coach America operations

Took on operations in 15 markets, including Los Angeles, San Francisco, San Diego and Phoenix. The acquired businesses will operate under the Horizon Coach Lines brand name and will be based in Dallas.

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