CCI Approves Allison Transmission Acquisition of Dana’s Off-Highway Business
The Competition Commission of India (CCI) has approved the acquisition of Dana Incorporated’s off-highway business by Allison Transmission Holdings, Inc. The deal marks a strategic expansion for Allison, a global leader in vehicle propulsion solutions, transmissions, and electrified propulsion systems.
While most of Allison’s products serve commercial on-highway applications, a portion also caters to off-highway vehicles used in construction, forestry, mining, agriculture, and industrial operations. Headquartered in Indianapolis, USA, Allison operates in over 150 countries and has a subsidiary in India, Allison Transmission India Private Limited.
Dana OH specialises in the manufacture and supply of off-highway drivetrain, transmissions, and propulsion solutions, serving a diverse range of industries. Dana OH operates in over 25 countries and with a global customer base. Dana OH has manufacturing facilities in several countries. In India, Dana has three subsidiaries which are part of the Proposed Transaction, i.e., Graziano Trasmissioni India Private Limited, Dana India Private Limited and Dana India Technical Centre Private Limited.
