On the Record · Meritor
Meritor acquisitions, on the record
The businesses Meritor bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
AxleTechWord for word“On July 26, 2019, we acquired AxleTech for approximately $179 million in cash, subject to certain purchase price adjustments (see Note 4 of the Notes to the Consolidated Financial Statements under Item 8. Financial Statements and Supplementary Data below).” 10-K for 2019 | acquisition | On July 26, 2019 | approximately $179 million in cash |
AA Gear & Manufacturing, Inc.Word for word“In the third quarter of fiscal year 2018, we completed the acquisition of substantially all of the assets of AA Gear & Manufacturing, Inc. (see Note 4 of the Notes to Consolidated Financial Statements under Item 8. Financial Statements and Supplementary Data below).” 10-K for 2019 | acquisition | In the third quarter of fiscal year 2018 | — |
Fabco Holdings, Inc. product portfolio and related technologiesWord for word“In the fourth quarter of fiscal year 2017, we also completed the acquisition of the product portfolio and related technologies of Fabco Holdings, Inc. (see Note 4 of the Notes to Consolidated Financial Statements under Item 8.” 10-K for 2019 | acquisition | In the fourth quarter of fiscal year 2017 | — |
AA Gear & Manufacturing, Inc. Business (AAG)Word for word“On April 30, 2018, the company acquired substantially all of the assets of AA Gear & Manufacturing, Inc. ("AAG") for a cash purchase price of approximately $ 35 million and the assumption of certain liabilities.” 10-K for 2019 | acquisition | On April 30, 2018 | approximately $ 35 million |
Fabco Holdings, Inc. BusinessWord for word“On August 31, 2017, the company acquired certain assets of Fabco Holdings, Inc. ("FABCO"), including the product portfolio and related technologies, for a cash purchase price of $ 34 million and the assumption of certain liabilities.” 10-K for 2019 | acquisition | On August 31, 2017 | $ 34 million |
Transportation Power, Inc. (TransPower)Word for word“On January 16, 2020, Meritor acquired 100 percent of the voting equity interest of Transportation Power, Inc. ("TransPower") for a cash purchase price of approximately $ 15 million, subject to certain purchase price adjustments.” 10-K for 2020 | acquisition | January 16, 2020 | approximately $ 15 million |
AxleTech group companies (AxleTech business)Word for word“On July 26, 2019, the company acquired 100 percent of the voting equity interest of the AxleTech group companies for approximately $ 179 million in cash, subject to certain purchase price adjustments.” 10-K for 2020 | acquisition | July 26, 2019 | approximately $ 179 million in cash |
AA Gear & Manufacturing, Inc. (AAG) substantially all assetsWord for word“On April 30, 2018, the company acquired substantially all of the assets of AA Gear & Manufacturing, Inc. ("AAG") for a cash purchase price of approximately $ 35 million and the assumption of certain liabilities.” 10-K for 2020 | acquisition | April 30, 2018 | approximately $ 35 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-09-30 | — | $0 | — |
| 2017-09-30 | $34 million | $0 | $19 million |
| 2018-09-30 | $35 million | $4 million | $9 million |
| 2019-09-30 | $168 million | — | $61 million |
| 2020-09-30 | $0 | — | $13 million |
| 2021-09-30 | $0 | — | — |
Deal filings since 2016
- 2022-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-05-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-12-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-06-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-09-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Meritor’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2021-11-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.