About This Deal
Federal Signal Corporation acquired Scranton Manufacturing Company (New Way Trucks) for US$403.6 million (initial payment, net of cash acquired), a transaction announced in November 2025.
Acquired the leading U.S. designer and manufacturer of refuse collection vehicles, a transformational bolt-on that strengthens Federal Signal's position as a diversified industrial manufacturer of specialty vehicles.
Acquired the leading U.S. designer and manufacturer of refuse collection vehicles, a transformational bolt-on that strengthens Federal Signal's position as a diversified industrial manufacturer of specialty vehicles.
Deal Terms
Transaction Details
In Their Words
The Company expects the acquisition of New Way will strengthen its position as an industry-leading, diversified industrial manufacturer of specialty vehicles.
Advisors
Advisory firms were not disclosed for this transaction.
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