Federal Signal Corporation has signed a definitive agreement to acquire Mega Corp., a manufacturer of specialty vehicles and equipment for the global metal extraction and construction markets. The purchase price is $45.5 million in cash, subject to post-closing adjustments, and includes Mega's manufacturing facility in Albuquerque, New Mexico. Mega generated approximately $40 million in net sales for 2024, with about 30% coming from aftermarket parts. The deal is expected to close in the first quarter of 2026 and be accretive to earnings and cash flow in 2026. Mega's 95 employees will join Federal Signal, expanding the company's specialty vehicle platform and enhancing its presence in the metal extraction support equipment market.
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. Federal Signal Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CG50432) on December 18, 2025, and is solely responsible for the information contained therein.
Comments