Automotive Fleet

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Mergers & Acquisitions

Holman Acquires Park Wood Managers

The addition of Park Wood Managers expands the scope of Holman’s commercial insurance services to offer automotive liability insurance coverage for high-hazard medium-duty, heavy-duty, and extra heavy-duty commercial vehicles.

Tata Motors to Acquire Ford India’s Sanand Plant

The acquisition terms include the Sanand site’s entire land and buildings, the vehicle manufacturing plant with machinery and equipment, and transfer of all eligible FIPL employees at the Sanand manufacturing operations, which reports a capacity of 300,000 units per year, scalable to 420,000 units annually.

BorgWarner Acquires Rhombus Energy Solutions

BorgWarner has over 130 years’ experience in the field of powertrain systems and today develops “sustainable mobility solutions” providing clean propulsion and efficient technology for light-, medium- and heavy-duty vehicles, as well as off-highway applications.”

Merchants Fleet CEO Brendan Keegan on Bain Acquisition

Get the inside scoop on the latest fleet news in this State of the Fleet Industry video interview. Here, sit down with Brendan P. Keegan, CEO and now president and chairperson of Merchants, to discuss how the just-announced acquisition will affect the company and the industry.

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