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Stock impact report

Black Phoenix Group Announces Acquisition of PACCAR Winch from PACCAR Inc. [Yahoo! Finance]

PACCAR Inc. (PCAR) 
Last paccar inc. earnings: 1/28 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: paccar.com/investors
Company Research Source: Yahoo! Finance
acquisition of PACCAR Winch (or the "Company") from PACCAR Inc. The transaction was finalized on November 1, 2024 . The financial terms of the acquisition are undisclosed. PACCAR Winch is a leading manufacturer of industrial winches, hoists and drive systems. The Company designs and manufactures a wide variety of engineered solutions under the BRADEN, CARCO and Gearmatic brand names. PACCAR Winch will continue to operate under its current management team. This acquisition marks a significant milestone for BPG as it continues expanding its industrial portfolio. Bryce Fisher and Mark Pickett , partners at The Black Phoenix Group said "We are thrilled to welcome PACCAR Winch into The Black Phoenix Group family. The Company's strong market position and commitment to quality aligns perfectly with our investment strategy to acquire leading American businesses led by excellent management teams." Mike Rogers , CEO of PACCAR Winch, commented, "We are excited to join forces with Black Pho Show less Read more
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