Allison Transmission to acquire Dana Off-Highway business

Becky Schultz Vice President of Content, Power Division

12 June 2025

Allison Transmission Holdings Inc. announced it has entered into a definitive agreement to acquire the Off-Highway business of Dana Inc. for approximately $2.7 billion, or 7x the expected 2025 adjusted EBITDA of the Off-Highway business. The acquisition was approved by both companies’ Boards of Directors, and is expected to close…

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