Federal Signal Corporation announces the signing of a definitive agreement to acquire Mega Corp.
Mega Corp is a leading manufacturer of specialty vehicles and equipment for global metal extraction and construction markets
The acquisition will enhance Federal Signal's position in the global metal extraction support equipment market
Acquisition Details
Cash consideration of $45.5 million for Mega Corp including the manufacturing facility in Albuquerque, New Mexico
Growth Opportunities
Significant growth opportunities expected through complementary product portfolio and enhanced global reach
Financial Impact
Transaction anticipated to be accretive to earnings and cash flow in 2026
- The acquisition aligns with Federal Signal's strategic focus on expanding its specialty vehicle platform
- Mega Corp's strong market presence and product range complement Federal Signal's existing businesses
- Expected synergy from shared customer base and operational enhancements
The acquisition of Mega Corp marks a strategic move by Federal Signal to strengthen its presence in the metal extraction support equipment market and capitalize on growth opportunities