Allison Transmission finalise l'acquisition du portefeuille de transmissions de l'activité hors route et de l'activité d'usinage de composants hors route d'AVTEC
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Indianapolis, mars 2022 – Allison Transmission a annoncé aujourd'hui avoir finalisé l'acquisition du portefeuille de transmissions de l'activité hors route d'AVTEC Ltd., basée en Inde, et de l'activité d'usinage de composants hors route de Madras Export Processing Zone (MEPZ) d'AVTEC. L'accord, qui avait été annoncé le 16 septembre 2021, a officiellement été conclu hier.
« Cette acquisition positionnera le portefeuille de produits d'Allison pour une croissance stratégique dans le segment hors route en Inde et sur d'autres marchés mondiaux qui exigent des produits spécialement conçus qui offrent des performances, une durabilité, une fiabilité et une productivité inégalées », a déclaré Todd Bradford, Vice-Président, Stratégie, Développement des affaires et de l'entreprise chez Allison Transmission.
Allison a acheté le portefeuille de transmissions hors route d'AVTEC et les actifs d'usinage de composants hors route de MEPZ pour 23 millions de dollars comptant. Basé à New Delhi et faisant partie du groupe CK Birla, AVTEC est l'un des plus grands fabricants indiens indépendants de groupes motopropulseurs et de produits d'ingénierie de précision pour les secteurs de l'automobile, du tout-terrain, de la défense, de l'agriculture et des chemins de fer, dans les domaines des produits exclusifs et de la fabrication sous contrat.
Avec cette acquisition, Allison intégrera également les opérations d'usinage de composants hors route d'AVTEC actuellement situées dans l'usine MEPZ (Chennai) dans l'usine de fabrication d'Allison à Chennai afin de continuer à produire des carters pour les transmissions hors route d'Allison.
05 avr., 2022
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This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.
SOURCE Allison Transmission Holdings Inc.