Meritor Buys Transpower, Advances Electrification Expertise

Feb. 18, 2020 – Meritor Inc., a leading global supplier of drivetrain, mobility, braking, and aftermarket solutions for commercial vehicle and industrial markets, has acquired all the outstanding common shares of Transportation Power, Inc., a company that has focused exclusively on developing electrical drive solutions since its inception in 2010. 

TransPower supplies integrated drive systems, full electric truck solutions, and energy-storage subsystems to major manufacturers of trucks, school buses, refuse vehicles, and terminal tractors.

"We are excited to welcome TransPower to the Meritor family as we continue providing our customers with sophisticated electric drivetrain solutions," said Jay Craig, Meritor's CEO and president. "This acquisition enables us to further position the company as a premier supplier of electrification technologies for commercial vehicles." 

The addition of TransPower's product portfolio increases Meritor’s M2022 investment in next-generation technologies. It also further establishes the value of Meritor's Blue Horizon brand, which represents the company's emerging platform of advanced technologies centered on electrification.