About This Deal

Federal Signal Corporation acquired Mark Rite Lines Equipment Company (MRL) for US$49.8 million, a transaction announced in July 2019.

Acquired the U.S. manufacturer of truck-mounted and ride-on road-marking and line-removal equipment (including HighMark Traffic Services), giving an efficient entry into a new product line and new markets.

Acquired the U.S. manufacturer of truck-mounted and ride-on road-marking and line-removal equipment (including HighMark Traffic Services), giving an efficient entry into a new product line and new markets.

Deal Terms

Acquirer
Federal Signal Corporation
Target
Mark Rite Lines Equipment Company (MRL)
Value
US$49.8 million
Date
July 2019
Type
Full acquisition
Status
Completed

Transaction Details

Announced
July 1, 2019

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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