Allison Transmission Holdings Inc. has completed its acquisition of Dana Incorporated's Off-Highway Drive & Motion Systems business for approximately $2.7 billion. The combined company will operate under the Allison name with two business units: Allison Transmission, led by Fred Bohley, and Allison Off-Highway Drive & Motion Systems, led by Craig Price. Headquartered in Indianapolis, the expanded enterprise now has operations in 29 countries and is positioned to enhance its offerings in advanced high-performance mobility and work solutions across sectors including infrastructure, energy, agriculture, construction, and national security.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allison Transmission Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE55463) on January 02, 2026, and is solely responsible for the information contained therein.